1. In yesterday’s (Wed., April 29) Williams edge live meeting it was noted that a daily close above $277.75 in May copper would place the market into a ‘Buy’ position for a quick advance to $283/$84.
2. Yesterday’s May copper session closed above $277.75 (at $278.70), indicating new long entry.
3. Today’s May copper advanced powerfully and completed the forecast $283/$84 upside target (today’s session high, $286.20, so far). This resulted in a successful trade. Will message any further entry or indication in May copper. PS we have now rolled into July copper.