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Copper Recommendation
October 17, 2023
Trade Recommendation Results Graph
The Recommendation
MMA Monthly Cycles Report, MMA’s recommendation was, “In this case, we should not wait too long before the primary bottom is hit for good: the time bands for primary, half-primary, and trading cycles overlap between October 16 and 25. If the primary bottom is not yet in, we thus expect it to form on October 28, +/- 3 trading days. If so, it will most certainly be below 3.5450, implying a bearish ending to this primary cycle.”
November 7 (PT price target): “(…) our price target areas for this primary cycle are 3.94-4.06, and 4.20-4.39 on a breakout.”
The Results
Stocks exploded to 3.9740 on December 27, and new all-time highs in April 2024.