EWS
Long

Copper - A strong impulsive rally towards 2.64 is expected

COMEX:HG1!   COPPER FUTURES
My preferred count shows that copper             saw an important low in mid-January at 1.9355 and a strong rally higher towards 2.6410 now should be expected.
From the 1.9355 low a nice five wave rally was seen to 2.3235 as wave (i) and wave (ii) was clearly a three wave zig-zag correction that completed at 2.0130.
Wave ( iii             ) started to move higher from 2.0130 in a pretty messy fashion to 2.2775, which I think was and expanded leading diagonal as wave i and was followed by an almost equally messy wave ii down to 2.1330. It now looks as wave ii completed at 2.1330 and wave iii             of ( iii             ) higher is ready to develop.
The first strong indication, this is the case, will be a break above the minor channel resistance-line near 2.1945 for a rally higher to 2.2775 on the way higher to 2.38 and 2.64.
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