Copper’s current bear market :
After completing an impulsive sequence of the primary degree five waves up in May 20o8, Copper has been developing the subsequent pattern – the sharp simple structure fall could be counted as a primary degree wave A, the simple rise in three waves may be only wave (A) of primary degree wave B, and currently decline of wave (B) of the same sequence to new lows is underway…
The outlook still remains bearish in the coming months.