In June I started a Target for Copper at 10,677.
THe result - nowhere slowly.
Now if one was holding this trade, it would have been costly.
Not only opportunity cost but also actual daily interest charges...
So why is Copper moving nowhere slowly?
🏭 Oversupply outweighs demand
📉 Tariff hype fizzled out
🌍 U.S. & global prices misaligned
🇨🇳 China demand cooling
⏳ Market in wait-and-see mode
The target is still on but it can take a while and you might need to read Vogue or something.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
THe result - nowhere slowly.
Now if one was holding this trade, it would have been costly.
Not only opportunity cost but also actual daily interest charges...
So why is Copper moving nowhere slowly?
🏭 Oversupply outweighs demand
📉 Tariff hype fizzled out
🌍 U.S. & global prices misaligned
🇨🇳 China demand cooling
⏳ Market in wait-and-see mode
The target is still on but it can take a while and you might need to read Vogue or something.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.