Copper Futures
شراء
تم تحديثه

COPPER FUTURES LONG 2018 - 2030

297
Appears to be the bottom of a minor correction, Vix Fix indicator highlighted for confirmation + ABC consolidation pattern.

Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems.

Demand for copper to proliferate between now and 2035-2040.

-Monitoring
ملاحظة
Sources/data:

"Copper demand for electric cars to rise nine-fold by 2027: ICA"

reuters.com/article/us-copper-demand-electric-vehicles/copper-demand-for-electric-cars-to-rise-nine-fold-by-2027-ica-idUSKBN1940PC

"The Electric Vehicle Market and
Copper Demand" - white paper

copperalliance.org/wordpress/wp-content/uploads/2017/06/2017.06-E-Mobility-Factsheet-1.pdf
ملاحظة
steady climb up..
ملاحظة
Long setup earlier in the week worked out perfectly, MACD flipping up

Continued, slow upwards movement is expected

لقطة
ملاحظة
increase in upward momentum. demand for COPPER is going through a change of hands at the moment.

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