Is Copper Going Down? I believe several commodities may experience a bit of a bearish tug. I think it is. So I am indeed expecting prices to plummet quite soon. My initial Target is the 3.1250 Region however with great optimism prices might depreciate down to the V Target. If it does expect a rapid change in trend however, if prices manage to keep in stride with strong momentum the V will be penetrated. If the V is penetrated this is usually with strong momentum so I always put an entry order below the V regardless. Worst case scenario, it doesn't get filled. Well realistically, the worst case scenario is that it hits your sell order and shoots long against you towards nightmare highs. But that doesn't happen often so you're safe. The commodities futures are currently showing me an appreciating dollar is on the way, but we'll just have to wait and see.