HomeBlogNew MenuCopper

  • Medium Term Outlook for Copper

    • May 1, 2012
    • Posted by: Ramki Ramakrishnan
    • Category: Copper
    4 Comments

    So you are looking for a medium term outlook for copper! After my last Elliott Wave comments that was posted on 26 September, 2011, we didn’t revist the copper charts. I am sorry for the long delay, but I hope today’s comments make you happy! A five wave move was completed on Feb 20, 2011

    read more

  • Elliott Wave analysis of Copper

    • September 26, 2011
    • Posted by: Ramki Ramakrishnan
    • Category: Copper
    11 Comments

    “The finest workers in stone are not copper or steel tools, but the gentle touches of air and water working at their leisure with a liberal allowance of time.” – Henry David Thoreau I can amend the above quote a little and say “The finest workers in Elliott Wave analysis of Copper is not Goldman

    read more

  • Commodities call

    • May 25, 2011
    • Posted by: Ramki Ramakrishnan
    • Category: Copper, Oil
    13 Comments

    You have all heard the news. Commodities rebounded from the biggest drop in almost two weeks after Goldman Sachs Group Inc. advised investors to return to raw materials….When Goldman Sachs analysts made their call yesterday, many commodities traders must have felt either relieved or angry. Relieved if they were long already, and angered if they

    read more

  • Copper: Edging closer to top.

    • December 10, 2010
    • Posted by: Ramki Ramakrishnan
    • Category: Copper
    24 Comments

    On 2nd December I pointed out that we are in the 5th of the Fifth wave in Copper and that we are likley to see the peak between 417 and 448. There is no change in that outlook for Copper. (On 8th December I posted a short-term chart from a different provider showing a 5-wave

    read more

  • Copper: short term outlook

    • December 8, 2010
    • Posted by: Ramki Ramakrishnan
    • Category: Copper
    7 Comments

    On 2nd December I had presented elliott wave analysis suggesting that Copper futures would meet some resistance around 417, and hence buying some out-of-the-money puts near there might be an interesting trade idea. Surprise, today Reuters is reporting on copper that technicals are pointing to weaker prices after it hit record levels at 413. In

    read more

  • Copper futures outlook

    • December 2, 2010
    • Posted by: Ramki Ramakrishnan
    • Category: Copper
    9 Comments

    Copper is making a 3-week high as base metals are rallying. Firmer global equity market and supportive economic data are cited for this move. Some are speaking of a looming deficit in copper supplies, expected to push prices to record highs. Do we have anything different to say? Yes. Not because we wish to be

    read more