Near Term Trend: Bearish / Neutral
As of 2/9/18 close: $3.0335
UPDATE: I suggested buying dips in copper to 3.108 with stops below 3.10 and with an upside target of 3.86.
Copper futures broke and closed below 3.108 support and now are on their way to a test of next support at 2.9430. If support fails there, look out below.
I would be trying longs at 2.9430 with stops in place on a drop below 2.93 and with an upside target of 3.86.