Copper’s Perfect Storm: Supply Strains Meet Fed TailwindsCaught between tightening global supply and shifting macro tailwinds, Copper is entering a pivotal phase.
CHINA’S COPPER OUTPUT CONTRACTION TO FIRE UP PRICES
As reported by Discovery Alert - a specialist mining research service provider - China’s refined copper output is set to fall 4–5% th
Contract highlights
Related commodities
HG - Copper Setting Up For A Long Opprtunity At Extreme📊 Fundamentals first:
- Short-term: The copper market is turbulent—marked by sharp price spikes, crashes, and global shifts in stock levels.
- Medium-term: Despite forecasted surpluses from ICSG, technology innovations and steady demand (especially from China and green sectors) may underpin prices
COPPER Multi-year Support held. Strong Buy Signal.Last time we had a look on Copper (HG1!) was almost 2 months ago (July 17, see chart below) and it delivered an instant return on our sell as it got rejected at the top of the Rising Wedge, quickly hitting our 4.700 Target:
The price just broke above its 1W MA50 (blue trend-line) again this wee
return to solid buyers with confluences spells out continuation 1->3 : higher high which makes
number 2 a solid major low ,
as number 2 buyers surpassed
number 1 sellers making the number
3 pivot
3->4 : return to major buyers
what do I think will happen next ?
* hidden bullish divergence ( continuation )
* LRC 2nd standard deviation
* vwap reaction a
return to solid buyers presents =BUY +mfi+rsi+obv+vwap+volume1->3 : higher high , number 2
solid major low
3->4 : return to number 2
what do I think will happen next ?
* hidden bullish divergence and also oversold
on rsi and mfi
*vwap median line on bar
* fractal bar with higher low on bar structure
* vpoc protecting stop loss
*obv breaking selling
super volitile selloff brings us back to major =BUYers1->5 : solid uptrend ,
number 3 surpasses number 1 making number 2
a solid major low ,
number 5 surpasses number 3 , making number 4
a solid major low
5->6: a reutrn to the highly volitile solid major low
number 4
what do I think will happen ?
* this is just a theory, my opinion on what coul
a return to proven sellers presents a =SELL opportunity1->4 : represents a buildup of orders, a consolidation and determination
of where market players think the value of this asset belongs.
4->5: sellers decide the market is overpriced and begin to sell off
the copper futures, this flux of orders fills the market and due to supply
and demand the pric
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Copper Futures (Dec 2029) is 5.6185 USD / LBR — it has fallen −0.28% in the past 24 hours. Watch Copper Futures (Dec 2029) price in more detail on the chart.
Track more important stats on the Copper Futures (Dec 2029) chart.
The nearest expiration date for Copper Futures (Dec 2029) is Dec 27, 2029.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Copper Futures (Dec 2029) before Dec 27, 2029.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Copper Futures (Dec 2029). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Copper Futures (Dec 2029) technicals for a more comprehensive analysis.