Bottoming formation. Dollar is exhausted, peak pessimism on Euro
The question is WHICH support copper falls to. Winter is coming.
TBT is a good proxy for rate direction. Its falling after a possible retest.
Watch for confirmation
Bottom likely at approx 41.4. Watch for confirmation.
Good short for oil here. Alternatively, if oil falls back into the pink channel, these bottom supports may become the new resistance, sending oil much higher.