Copper broke out above $4/lb but the breakout was decisively rejected; bulls must show up and push copper back to highs, otherwise further weakness will retest May-June lows and copper will have to wait longer in its cycle.

factualpending

Speaker

Patrick Cerezna

Evidence Quote

definitive breakout attempt above four dollars...decisively rejected...retest the lows from May and June

Source

MacroVoices #387 Jeff Snider: On Deflation and Soft LandingMacro Voices
Created: 8/12/2026, 6:18:11 PM

My Notes

Loading notes...