Elliott Wave InternationalmyEWISocioniomics.Net

Copper's Bear Market: Harnessing the Energy of Elliott Waves
See how the waves foresaw the big sell-off -- and learn to spot them in your own markets

By Nico Isaac
4/24/2015 6:30:00 PM

In 2011, fundamentals painted an ongoing bullish picture for copper prices. Elliott waves, however, foresaw a foreboding reversal in the red metal's future.

Filed Under: Bear market, charts, Club EWI, commodities, copper futures, Elliott wave, Elliott Wave trading, Jeffrey Kennedy

Category: Trading Lessons

Copper Hasn't Lost its Diagnostic Touch
Contrary to popular belief, the red metal's 45% sell-off since 2011 does match overall economic health

By Nico Isaac
1/21/2015 6:30:00 AM

Question: How does a crashing copper market fit into the mainstream's story of soaring economic growth and recovery? Answer: It doesn't...

Filed Under: Bear market, Bob Prechter, charts, commodities, copper futures, CRB index, deflation, Elliott wave, Elliott Wave Theorist, Gold, housing prices, precious metals, silver, U.S. STOCK MARKET

Category: U.S. Economy

(Video, 4:52 min.) Commodities' "Black Friday" Sends a Much Bigger Message
Why the economic shift toward deflation starts here...

By Nico Isaac
12/1/2014 3:15:00 PM

Back in 2008, the consensus strongly agreed that crude oil and the CRB index of commodities would keep rising. Instead, both markets came crashing down. Here's why.

Filed Under: bull market, charts, commodities, copper futures, CRB index, crude oil, deflation, Elliott wave, Elliott Wave Theorist, food crisis, forecasts, natural gas, risk appetite, sentiment, silver, video, Video - Featured

Category: Commodities

A Thanksgiving Pummeling of Precious Metals
Silver leads the rout with a 7%-plus sell-off to 4-year lows

By Nico Isaac
11/28/2014 2:45:00 PM

It was supposed to be a "quiet" Thanksgiving holiday in precious metals. But thanks to a 7%-plus sell-off in silver, it's been anything but.

Filed Under: charts, copper futures, Gold, precious metals, silver

Category: Gold and Silver

An Exciting Week for Copper Bulls: Now What?
First, see how copper prices started rallying before the Glencore PLC "surprise"

By Nico Isaac
8/25/2014 2:45:00 PM

On Wednesday, August 20, copper prices soared 2.9% in their largest single-day percentage gain in a year! The mainstream experts say a "bright outlook" from Swiss mining giant Glencore PLC caused copper to rally. This logic isn't as logical as you may think. 

Filed Under: aluminum, charts, copper futures, Elliott wave, Fibonacci, Gold, platinum futures, precious metals, silver

Category: Commodities

Gold: The Macro and the Micro
Gold prices have followed their 5-wave/3-wave script on multiple timeframes, without giving a second thought to the news

By Vadim Pokhlebkin
8/11/2014 11:15:00 PM

Recently, gold has defied fundamental factors -- and instead followed its Elliott wave script. The interesting thing is that it's done that not just on the macro-economic scale; short-term, too. See for yourself.

Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave trading, Fibonacci, financial forecast, fundamental analysis, Gold, gold futures, safe haven, silver, silver futures, technical analysis, trade targets

Category: Gold and Silver

Market Alert: Copper
The developing Elliott wave pattern in copper futures looks promising

By Vadim Pokhlebkin
7/23/2014 12:45:00 PM

Copper prices have been climbing since March. They took a dip over the past couple of weeks -- and that dip may just be the right opportunity for nimble investors.

Filed Under: copper futures, Elliott wave, Elliott Wave trading, forecasts, fundamental analysis, futures trading, technical analysis

Category: Commodities

(Video) U.S. Economy and Price of Copper: A Surprising Connection
Price of copper – yep, stuff pennies are made from – and broad economy are closely linked

By Vadim Pokhlebkin
5/29/2014 5:15:00 PM

"US Economy Shrank at 1 Percent Rate in Q1." In light of this news, it’s worth watching this clip from the presentation by Bob Prechter, EWI president, at the 2013 New Orleans Investment Conference.


Filed Under: commodities, copper futures, gross domestic product (GDP), QE2, quantitative easing, Robert Prechter, video, Video - Featured

Category: U.S. Economy

Commodities: What’s the Trend Over Next Few Weeks -- AND Next Decade?
Investment banks are leaving commodity trading business -- should you?

By Nico Isaac
4/25/2014 12:15:00 PM

Have you heard? JPMorgan Chase, Morgan Stanley, Deutsche Bank and Barclays have announced they are all but exiting commodity trading business. The only major player left is...

Filed Under: cocoa futures, coffee futures, commodities, copper futures, corn futures, cotton futures, CRB index, Elliott wave, feeder cattle futures, Fibonacci, forecasts, futures trading, Goldman Sachs, grain futures, investment strategy, lean hog futures, live cattle futures, lumber futures, market cycles, Orange Juice, soybean futures, soybean meal, soybean oil, sugar futures, technical analysis, trading lessons, U.S. dollar, volatility

Category: Commodities

(Video) The Next Move in Copper, Between You and Me
Metals Pro Service analysis presents new, near-term information on copper's next big move

By Nico Isaac
3/12/2014 4:30:00 PM

From their March 7 high, copper prices have plunged in a jaw-dropping sell-off to a 10-month low. Today (March 12), I look back at Metals Pro Service to see how our objective analysis foresaw copper's turn down. And then, I ask Metals Pro Service analyst Tom Denham to reeval what he sees in the red metal's future.

Filed Under: copper futures, Gold, silver, video, Video - Featured, Video - FRUP

Category: Commodities

Back to the Basics: A Huge Move Ahead for a Major Metal
P.S. 1618, otherwise known as Elliott Wave School, is now in session

By Nico Isaac
8/20/2013 5:45:00 PM

Today, we are going back to the basics and reviewing the two modes of Elliott wave development: impulsive (or motive) and corrective patterns. Then, we look at an actual example of Elliott wave price action in a real-world metal market.  

Filed Under: aluminum, copper futures, Elliott wave, Gold, silver, Traders

Category: Gold and Silver

A Near-Term Coin Toss in Copper
See when copper's recent rally to a two-month high really began

By Nico Isaac
8/8/2013 5:45:00 PM

On August 8, copper prices soared to their highest level in nearly two months. If you take the fundamental experts at their word, positive import data from China lit the fire under copper’s uptrend. But there’s another side of the story that only a price chart can show.

Filed Under: copper futures, Elliott wave, precious metals, Traders

Category: Gold and Silver

Is Copper's Bear Market Over?
Why the answer is NOT about supply

By Nico Isaac
4/30/2013 5:00:00 PM

April 2013 has seen copper prices go from low to... lower still. In the week ending April 19, prices experienced their largest percentage decline in 16 months to land solidly in Grizzly Acres. See: "Copper Slides Into Bear Market" a recent blunt-truth headline in the Wall Street Journal.  

Filed Under: copper futures, Daily Futures Junctures, Elliott wave, fundamental analysis, Jeffrey Kennedy, trendlines

Category: Commodities

Gold: Will Crash-Like Conditions Continue?
"Take a step back. We've broken support. We're well below it. It's a key shelf. Unless you rally and close back above this 1520-1535 zone, you've got to be bearish looking for lower prices."

By Nico Isaac
4/15/2013 5:15:00 PM

"Crash-like conditions," "panic selling" – those are just two phrases used to describe the massive sell-off underway in gold since Friday, April 12. On Monday, April 15, gold prices plummeted 10% in their biggest single-day decline in three decades.

Filed Under: copper futures, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, Gold, gold futures, platinum futures, precious metals, silver, technical analysis, trade targets, volatility

Category: Gold and Silver

Could Copper Prices Be Headed to Below $3?
EWI’s Metals Specialty Service video reveals critical price levels to confirm a bearish near-term scenario is on tap

By Nico Isaac
3/19/2013 7:00:00 PM

Copper futures saw a  2.6%  selloff on March 18, to its lowest price in seven months. In no time, mainstream financial commentators took copper’s downturn and ran with it... straight into this line of fundamental fire: “Copper Prices Plummet As Investors Fret Over Cyprus Bailout.” (Associated Press)


Filed Under: copper futures, Elliott wave, european markets, eurozone, fundamental analysis, precious metals, Traders

Category: Gold and Silver

A Major Change in Copper Is Fast Approaching
The jury is still out on how the newly launched copper exchange-traded product will affect prices, but the Elliott wave ruling is in right now.

By Nico Isaac
1/8/2013 5:00:00 PM

If you've been reading the mainstream financial coverage of copper futures for the past month, you might think the word "change" appeared more frequently than in all of Barack Obama's 2008 Presidential campaign. The usual experts see the source of that change as a new, controversial investment in copper: The first-ever, US-listed industrial metal exchange traded product (ETP) to hold actual copper stockpiles rather than track futures.

Filed Under: copper futures, Elliott wave, elliott wave junctures, Elliott Wave trading, Gold, Jeffrey Kennedy, Traders, trading lessons

Category: Education

Several Industrial Metals Markets Make Decisive Moves
Prices in platinum, aluminum and palladium have taken clear steps in one direction

By Nico Isaac
12/13/2012 6:00:00 PM

Global metal markets have been a tale of two complexes for the past month. On one side: Industrial metal traders have felt a heart-pounding rush of adrenalin as several key markets enjoyed strong rallies to multi-month highs. On the other side: Precious metal traders have felt the jolt of waking up to smelling salts under their snoring noses, as gold and silver -- the stars of the metals markets -- have been caught in a stubborn sideways trend.


Filed Under: aluminum, copper futures, Elliott wave, platinum futures, precious metals, Traders, trading lessons

Category: Gold and Silver

Gold Prices: What Today's Big Drop Means for Tomorrow
EWI's Metals Specialty Service reveals key price levels that would confirm whether gold's downtrend is picking up steam OR stalling out.

By Nico Isaac
12/4/2012 4:30:00 PM

On Dec. 4, one of the day's main financial news reports did not start off with words, but rather with 4 consecutive numbers: 1-7-0-0. What it represented? The all-eyes-are-watching event as gold prices dipped below the $1700 per ounce level.

Filed Under: aluminum, copper futures, Elliott wave, Gold, precious metals, silver, Traders, video

Category: Gold and Silver

Copper: New Video Revealing Near-Term Trend
On Nov. 30, EWI's Metals Specialty Service released a special video on copper that reveals why a major move may be unfolding now.

By Nico Isaac
12/3/2012 2:45:00 PM

'Tis the season of nervous guys going home to "meet the parents" AND of intimidating fathers sitting down to ask that one, universal question: "What are your intentions?" And, on Nov. 30, Elliott Wave International's Metals Specialty Service editor Mike Drakulich did just that with copper, in a special 5-minute video.

Filed Under: contracting triangle, copper futures, Elliott wave, Gold, precious metals, Traders, video

Category: Gold and Silver

Market Insight: Spotlight on Palladium, Aluminum and Copper
Watch Elliott waves -- and other technical analysis indicators -- in action as the markets trade

By Vadim Pokhlebkin
11/27/2012 8:30:00 PM

November 27, Mike Drakulich, editor of EWI's Metals Specialty Service: "Excellent action continues in Palladium..."

Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave trading, technical analysis

Category: Gold and Silver

© 2015 Elliott Wave International

The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.