RE:8 more pennies ...Shall I spell it out for those who can't keep up.
The price of copper - which is pretty much the only price I comment on - had, at the time of posting, "8 more pennies" to drop before hitting a major support line established in March of 2021.
Since March of 2021 has since had 2 very long and vertical drops that have rebounded upwards.
This current drop to support is falling from the previous "dead cat bounce" (May 11-June1) which I've written about in previous posts and which is clear to see on any copper chart.
My "8 penny" post surmises that the fact that this approach to support is from a dead cat already, copper may "punch through" major support this time, or it may dead cat bounce again briefly and then fall... either way, there is a high percentage it will drop below support.
I'm confident, but not certain... only fools would feign certainty when it is not within anyone's grasp.