#doc copper

Doc Copper Peaking? Signaling Economic Weakness Ahead?

Is Doc Copper suggesting that economic weakness is around the corner? Possible

Doc Copper has created a series of lower highs and lower lows over the past 9-years inside of falling channel (1).

Last year Copper looks to have double topped at 2014 highs and the top of the falling channel at (2). The counter-trend rally over the past few months has it testing last years support as new resistance…

Doc Copper About To Hurdle Important Breakout Level?

Doc Copper often times sends important messages, to the global economy, reflecting growth or lack thereof. An important price test is currently in play for Ole Doc Copper!

The long-term trend for Copper remains up, as it has created a series of higher lows for the past 18-years along line (1). Over the past few months, Copper could be creating a double bottom just above this long-term rising…

Doc Copper breaking out after large decline, says Joe Friday

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Doc Copper over the past few months has been hit hard, as sellers drove it down nearly 25%.

This decline brought it to the price point (2), where four different support lines came into play, which looks like a support cluster. As the decline was taking place, momentum was hitting oversold levels.

Joe Friday Just The Facts Ma’am– This week Doc Copper is experiencing its…

Doc Copper down 20%, sending a macro message?

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Doc Copper has had a rough go of it over the past 7-years and especially of late.

Since the highs back in 2011, Doc Copper has created a series of lower highs and lower lows.

Since the lows in 2015, it has experienced a strong rally, creating a series of higher lows, as interest rates and several commodities did the same.

In June Doc Copper may have created a double top…

Doc Copper suggesting economic weakness ahead?

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Some view Doc Copper as an indicator of economic strength. If you are in this camp, it is facing an important price point.

Doc Copper remains in a long-term downtrend; as it peaked in 2011 and has created a series of lower highs and lower lows inside of falling channel (1). It hit the top of this falling channel and two other resistance lines a few weeks ago at (2) and…

Doc Copper- Potential topping pattern, says Joe Friday

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The long-term trend of Doc Copper remains down, as it has created a series of lower highs and lower lows inside of falling channel (1) over the past 7-years. It hit the bottom of the channel in late 2015, where it found support and a rally has taken place the past 3-years.

The rally now has Doc Copper testing the top of the falling channel, where a potential topping…

Doc Copper vulnerable to fall hard from here

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Doc Copper peaked in 2011 and has remained inside of falling channel (A) ever since. It hit the bottom of the channel in 2016 and a 2-year rally has been in play.

The rally now has Doc Copper testing the top of falling channel (A) and the apex of a bearish rising wedge as momentum has reached levels last seen at the highs in 2011.

If Doc Copper breaks support at (3), it…