COMMODITY OUTLOOK - Copper Up! - Crude Oil Down! Gold Revival!

Highlights Base Metals – Aluminium and Nickel have completed five wave impulse patterns in the advance from last year’s lows so there is now limited upside potential going forward as counter-trend corrections begin or resume. This also applies to Zinc, 2016’s stellar outperformer although the correction is expected to unfold into a more complex expanding flat which allows higher-highs over the coming month or two prior to a severe sell-off to complete the pattern sometime after April/May....