# Copper futures (COPPER) — Elliott Wave count, Nov 6, 2026

Copper futures (COPPER) Elliott Wave count at the Nov 6, 2026 close (price 6.218): the called count is primary (5) of III under way, intermediate 2 correcting as a double zigzag. It is invalid below 5.268. On the daily chart, intermediate 2 of (5) down from $6.83 (2026-09-22), in progress as a double zigzag, targeting 6 (invalid above 6.83).

Source: https://elliottwaveatlas.com/markets/copper · Data: https://elliottwaveatlas.com/data/markets/copper.json

## Called count
Primary (5) of III under way. Invalid below 5.268.

What comes next: 2 completes as a double zigzag in $6.00-$5.82 ((y) down from $6.726 toward $5.87, minute c in minuette (v)'s 5 toward $6.17-$6.15), then 3 of (5) above $6.83 toward $6.95-$7.18 and beyond.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle (degree 0, unanchored) ↑ | cycle III up from $3.15 (2022-07), in progress | 7.24–12.12 | 3.15 | — |
| Weekly | Primary ↑ | primary (5) of III up from $5.27 (2026-03-16), in progress | 6.95–7.18 | 5.268 | 2026-11-30 → 2029-03-18 |
| Daily | Intermediate ↓ | intermediate 2 of (5) down from $6.83 (2026-09-22), in progress as a double zigzag | 5.82–6 | 6.83 | 2026-12-02 → 2027-07-19 |
| Hourly | Minor ↓ | minor (y) of 2 down from $6.726 (2026-10-28 15:00 ET), after minor (x) closed as a zigzag $6.3715/$6.4775/$6.4255/$6.726 | 5.87 | 6.726 | 2026-11-06 → 2026-12-16 |
| 15-minute | Minute ↓ | minute c of (y) down from $6.582 (2026-11-02 12:00 ET), in progress | 6.15 | 6.582 | 2026-11-04 → 2026-11-07 |


## Recent changes to the call
- 2026-10-16: new — primary (5) of III under way, intermediate 2 correcting

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