Copper – Bear Trap Brewing ???
Is a major bear trap brewing in Copper? Have a text book zig-zag pattern off the 2.3235 high. If this count is correct Copper has the potential to better the 2.3235 high in the coming days. To set the stage for such a rally bulls will need to carve out a bottom in front of the 1.9355 low. Bears on the other hand need to take out 1.9355 to void this pattern and revive the prevailing down trend.