GX Copper Miners ETF COPX

$COPX ~ Copper Stocks ETF. Weekly Close. Down -8.61% this week. Starting to breakdown in late Oct 2026 which is a big warning sign for bulls. Dr Copper: COPX was showing the most bullish (ABC) {Wave 2} bottom scenario out of all metals ETFs i follow closely (GDX/SILJ/SPPP/GLD/SLV). As long as COPX stays over 68 level this {Wave 2} bottom scenario is still in play. If COPX breaks below 68 a re-evaluation of the Elliott Wave count will occur. This was as textbook as you will ever see a complete Elliott Wave (5 wave) impulsive fractal structure which unfolded before our eyes off the April 2025 (TACO Tariff) “VIX 60” generational low. COPX was clearly in a (5th wave) blowoff on ungodly sell volume (red) in the last week of Jan 2026 (silver 120usd). Notice the steep uptrend line in gold that started in Sept 2025 was broken to the downside in March 2026. Gold has now broken the downtrend line since Aug 2026 that had been in place since March 2026. Good luck to all. $SPY $DIA $GLD $GDX

#Copper Futures #ElliottWave Forecast: Mapping The Path Ahead Mentions: $COPX https://talkmarkets.com/article/untitled-draft

$COPX next test 68

Metal Markets Report For Wednesday, Oct 21 $GLD.X $UUP $COPX $PPLT $SLV.X https://talkmarkets.com/article/metal-markets-report-for-wednesday-oct-21

$HBM$HBM.X Hudbay Minerals and Mitsubishi make formal Final Investment Decision (FID) to build Copper World in Arizona! Targeting first production in H2 2029! Major addition to domestic US copper supply chain! Copper miners momentum continues across $COPX! Full write-up: https://www.commodityape.ca/p/goldstorm-drills-407-metres-on-the-ksm-trend-and-hudbay-greenlights-the-next-us-copper-mine

One Wedge Failed. Could #Copper Be Next? Mentions: $UUP $COPX https://talkmarkets.com/article/one-wedge-failed-could-copper-be-next

$COPX ~ Copper Stocks ETF. Weekly Close. Down -6.73% last week. Dr Copper: COPX was showing the most bullish (ABC) {Wave 2} bottom scenario out of all metals ETFs in follow closely (GDX/SILJ/SPPP/GLD/SLV). As long as COPX stays over 86 level this {Wave 2} bottom scenario is still in play. If COPX breaks below 86 a re-evaluation of the Elliott Wave count will occur. This was as textbook as you will ever see a complete Elliott Wave (5 wave) impulsive fractal structure which unfolded before our eyes off the April 2025 (TACO Tariff) “VIX 60” generational low. COPX was clearly in a (5th wave) blowoff on ungodly sell volume (red) in the last week of Jan 2026 (silver 120usd). Notice the steep uptrend line in gold that started in Sept 2025 was broken to the downside in March 2026. Gold has now broken the downtrend line since Aug 2026 that had been in place since March 2026. Good luck to all. $GLD $SLV $GDX $SPY

$SO $DUK $AEP $COPX $B While mining/energy companies are generating huge FCF and will continue doing so, utilities have been under pressure. Do you know what that means? Our power bills will increase substantially in 2027. I mentioned several years ago, well before all of this Data Center talk, that we would see our power bills increase 300% as we moved into the 2030’s. It’s coming. My dealership’s power bill has increased 50% in 12 months. It’s one of the reasons I began restructuring my personal life a few years ago. Sold my monster home after all the kids moved out and got our townhouse. I’m taking all of that monthly savings and traveling more. Heading back to the mountains tomorrow. Those that have homes they can barely afford currently will find out by the end of 2027 that it’s not sustainable. Wage increases are done. Interest rates won’t come down. Property taxes will keep increasing. Stagflation is real and occurring NOW. Mining and Energy equities are cheap.