COPPER ANALYSIS

The market from May 2021 have been corrective in nature, I am currently counting as expanded flat for intermediate wave 2. The market is currently in minor wave C which will be bearish impulsive wave. If this count is valid, it will drop the market to the price range of $2.8290 to $3.1555 per lb. i.e 0.5 to 0.618 fib level retracement of intermediate level 1. The market still remains the final arbiter, and the count will be updated as the market progresses.