Copper (HG) - 25th May 2023 | @ 1304 Days
'C' class signal detected in High Grade Copper. Running at an average wavelength of 1304 days over 6 iterations since September 2000. Currently approaching a trough.
Signal Class & Attributes
Defining characteristics of the component detected over the sample period.
Detected Signal Class: C - learn more
Average Wavelength: 1304 Days (42.87 Months, 3.57 Years)
Completed Iterations: 6
Time Frequency Analysis
Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.
Signal Detail & Targets
Here we give more detail on the signal relative to speculative price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample.
Phase: Approaching Trough
FM: +- 36 Days
Next Trough Range: July 14th - September 22nd, 2023
Next Peak Range: April 20th - June 29th, 2025
Sigma-L Recommendation: Early Buy
Time Target: ~ 25th May, 2025
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Signal Phase: This is ‘how far along’ the cycle is in it’s period at nowtime and is related to the predicted price action direction.
Signal Frequency Modulation: This is how much, on average, the signal detected varies in frequency (or wavelength) over the whole sample. A lower variance is better and implies better profitability for the component. Frequency usually modulates relatively slowly and over several iterations.
Signal Amplitude Modulation: This is how much the component gains or loses power (price influence) across the sample, on average. Amplitude modulation can happen quite quickly and certainly is more evident than frequency modulation in financial markets. The more stable the modulation the better.
I see you do also post longer term cycles with predictions so please disregard previous comments sent recently.