RE:Copper EW'sCognition777 wrote: Joe ... do you read things this way?
LONG TERM EW working off of peak May 6, 2021
- Triangle correct: A=Aug 18/21 B=Oct 17/21. C=Dec 14/21... looks like D=approx $4.70ish followed by E=$4.35ish before breaking upwards to new highs.
One need be a subscriber of Gilburt's service to get the particular analysis of copper, so don't have that data. Subscription cost is pretty steep, so our trio isn't in as of yet but plan to be when the overall market starts its final ascent. As a reminder, for now at least, Avi portends a rise to 5500 SPX followed by a 15-20% correction and then the blowoff top near the 6000 SPX region. What are your thoughts on that analysis?