# Copper futures may have topped after five-wave rally

> A technical analyst sees signs that copper's upward move is complete and suggests a short position.
- Title: Copper futures may have topped after five-wave rally
- Summary: A technical analyst sees signs that copper's upward move is complete and suggests a short position. Copper futures may have completed a five-wave upward…
- Keywords: copper, copper futures, comex, hg1, wave analysis, elliott wave, technical analysis, short position, commodities trading, yossarian121, business, finance
- Source: TradingView — https://tradingview.com/chart/HG1!/KEaJteEO-HG-W-potential-wave-counts
- Published: 2026-09-15T22:46:55+00:00
- Read time: 1 min
- Topics: copper, copper futures, comex, hg1, wave analysis, elliott wave, technical analysis, short position, commodities trading, yossarian121, business, finance
## Copper futures under analysis
Technical analyst yossarian121 examines weekly wave patterns on COMEX copper futures to identify potential trading opportunities.
## Five-wave rally may be complete
The analyst identifies a possible completed five-wave upward pattern in copper prices, suggesting the recent rally has run its course.

> Possible that a 5 wave up is done on copper
## Short position recommended
Based on the wave count analysis, the analyst suggests selling copper futures with protective stops placed at recent price highs.

> Sell with stops at recent highs
## Risk management through stops
The trading strategy includes placing stop-loss orders at recent highs to limit potential losses if the analysis proves incorrect.
## Not financial advice
TradingView emphasizes this analysis is for educational purposes and does not constitute financial or investment advice.
## Key takeaway

Copper futures may have completed a five-wave upward pattern, suggesting a potential reversal and shorting opportunity.