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COPX is in a bearish impulse wave that will end at $41.3

Short
BATS:COPX   Global X Copper Miners ETF
COPX started a bearish Elliott impulse wave on 20 May at $52.9.
It is currently in Wave 5, which will end at $41.3 assuming a 1.618 F extension, probably by end of June. This is a fast moving wave. See waves labelled in chart.

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