Copper update - 9 January 2025
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
Copper - the 40 day cycle trough is in place and price is now challenging a 20 day cycle peak.
The 40 day cycle troughed and the upswing of the new cycle has taken price up through the 20 day FLD to the 20 day cycle peak price target box in Monday's Macro Outlook (circa 430).
