There is asymmetric opportunity in copper at support levels because downside is protected by the major $4 support line (established in late July and November-December 2024), while upside has potential to bounce back toward $5, making copper an attractive asymmetric bet despite the terrible-looking chart.

normativepending

Speaker

Patrick Szna

Evidence Quote

Copper is going to hold those lows on any downside...the asymmetry of the opportunity exists...you're essentially buying support lines anticipating a bounce back towards $5 on the upside [1:01:04]

Source

MacroVoices #492 Daniel Lacalle: The End of American Exceptionalism?Macro Voices
Created: 8/11/2026, 7:39:51 AM

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