Copper (HG) - 20th October 2023 | @ 165 Days | + 4.84%

Last trade: + 4.84% | 'A' class signal detected in High Grade Copper (HG). Running at an average wavelength of 165 days over 12 iterations since June 2018. Currently troughing.

ΣL Cycle Summary

This excellent, frequency and amplitude stationary periodic wave in high grade copper has recorded a fairly neutral to bearish iteration, troughing last in May 2023 and now beginning to bottom once again. The next cycle peak is due in mid January at the current wavelength. Keen readers will also note the tremendous power of the component at 75 days average wavelength in the time frequency plot below. A Sigma-L update on that component is slated for the 30th October, 2023.