stretched / metals / COPPER · data through 2026-08-04
COPPER
NEAR THE ZONE · 93 OF 100Big speculators sit at 93 of 100 in their own 3-year range: close to the crowded zone, not yet in it. Worth a look before it crosses the line.
THE FULL COPPER FILE IS OPEN
For this market to qualify, the speculators would have to push past 95 of 100, or below 5, against their own last three years. The record below stays open either way.
Positioning isn’t stretched today, but the graded record is always open: every past extreme on this market, what turned, what didn’t, and the plain-English weekly read.
GET TOLD WHEN COPPER CROWDS
The free Friday Letter reads all 44 markets for you and flags the ones that reach an extreme, with the odds. You don’t have to watch this page.
We read all 44 markets every Friday and tell you when this one crowds. You don’t have to watch this page.
The Friday Letter
Every Friday 21:30 CET the new report lands and we regrade all 1,206 cases overnight. Confirm and your crowd-map snapshot arrives right away. Then every Friday: what moved, where the crowd is stretched, and which fades are running in public. And the moment we open one, you get the ping. Free.
Every Friday: where the crowd is stretched, what is running, what it cost. Free.
Confirmation by e-mail, one-click unsubscribe in every issue. Your address is never shared.