Short Term Copper 'SELLS' heading into Q4 of 2022

I think it's becoming more and more clear that copper sells could extend into the last quarter of the year. Corrective wave 4 seems complete at 0.382 of the second Minor wave count and price is currently in an impulsive bear wave of a lower degree. We should therefore expect Copper prices to plunge to $2.96/lb(-15.4% decline) with some minor bullish price action to around $3.2/lb before eventually finding support at $2.7/lb, representing a -22.42% decline based on the current market price.
As indicated in the chart, this short idea comes into play ONLY WHEN Copper prices drop BELOW $3.35/lb, which is the terminus of the minuette wave 1.
Additionally, I strongly recommend you to review my long term forecast in profile.

Here is a link to my previous Copper forecast.

Disclaimer: The information provided here is only for educational purposes and should NOT be taken as investment advice.