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📅 2026-11-05 · SHFE Copper · Single-name brief

This report is provided by MacroTerms.com

Data as of: 2026-11-04 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)

Copper (SHFE.CU) Deep Analysis Report | Bearish Watch with Support Failure | 2026-11-05

Bearish. Night session closed at 106560, down from settlement, breaking below the lower bound of the 20-day range and approaching the pivot S1. Fundamentally, rising inventories pressured the market, and long positions increased. Direction invalidated: night session close reclaimed above 107100.

Single-name briefs Deep dive

SHFE GoldSHFE.AU 2026-11-05
Shanghai Gold 2612 Deep Report | Short Covering Drives Rally, Bullish but Approaching Overbought | 2026-11-05
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SHFE SilverSHFE.AG 2026-10-09
Shanghai Silver (SHFE.AG) In-Depth Analysis Report | Bears in Control, Below 14745 Target 14220 | 2026-10-09
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SHFE CopperSHFE.CU 2026-11-05
Copper (SHFE.CU) Deep Analysis Report | Bearish Watch with Support Failure | 2026-11-05
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RebarSHFE.RB 2026-11-05
Rebar (SHFE.RB) In-Depth Analysis Report｜Bearish | 2026-11-05
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FiberboardDCE.FB 2026-11-05
DCE.FB(FB2612) Deep Analysis Report | Bullish, Stabilizing and Rebounding at Lower Band | 2026-11-05
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Iron OreDCE.I 2026-11-05
Iron Ore (I2701) In-Depth Analysis | Short-Covering-Driven Rebound, Bullish Near the Lower End of the 20-Day Range | 2026-11-05
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SHFE TinSHFE.SN 2026-11-05
SHFE Tin Main Continuous Contract (SHFE.SN) Deep Analysis Report | Bearish Oscillation Pressures | 2026-11-05
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Previous briefs

2026-11-04：Single-nameCopper (SHFE.CU) Deep Analysis Report | Bearish Watch 106090 | 2026-11-04 View 2026-11-03：Single-nameSHFE.CU Deep Analysis Report | Pullback Near Pivot, Lower Band Bullish | 2026-11-03 View 2026-11-02：Single-nameCopper (SHFE.CU) Deep Analysis Report | Bearish Outlook on Range Low | 2026-11-02 View 2026-11-01：Single-nameCopper (SHFE.CU) Deep Analysis Report | Bearish Pattern Observed, Watching for Pullback to Support | 2026-11-01 View 2026-10-31：Single-nameCopper (CU2612) Deep Analysis Report | Bearish: Inventory Accumulation and Net Short Expansion | 2026-10-31 View 2026-10-30：Single-nameCopper (CU2612) Deep Analysis Report | Bearish: High Copper-to-Gold Ratio Amid Reducing Positions | 2026-10-30 View 2026-10-29：Single-nameSHFE Copper (CU2612) In-Depth Analysis | Bullish, Inventory Destocking + Premium Recovery in Tandem | 2026-10-29 View 2026-10-28：Single-nameSHFE Copper (CU2612) In-Depth Analysis | Bullish: Destocking + Premium Rebound, Night Session Breaks Pivot P | 2026-10-28 View 2026-10-27：Single-nameCopper (CU2612) Deep Analysis | Bullish: Inventory Drawdown + Premium Recovery | 2026-10-27 View 2026-10-26：Single-nameSHFE Copper (SHFE.CU) Deep Analysis Report | Bearish Observation 107900 Settlement | 2026-10-26 View 2026-10-25：Single-nameSHFE Copper (SHFE.CU) Deep Analysis Report | Bearish Watch | 2026-10-25 View 2026-10-24：Single-nameCopper (SHFE.CU) Deep Analysis Report | Bearish Logic Complete | 2026-10-24 View 2026-10-23：Single-nameShanghai Copper (CU2611) In-depth Analysis Report | Bearish Bias: Breaks Below 20-Day Channel Lower Band on Rising Open Interest | 2026-10-23 View 2026-10-22：Single-nameShanghai Copper (CU2611) In-depth Analysis Report | Bearish Bias: Inventory Drawdown Cannot Offset International Fund Position Cuts | 2026-10-22 View 2026-10-21：Single-nameShanghai Copper (CU2611) In-depth Analysis | Bullish Bias: Inventory Destocking and Domestic-External Resonance, 109833 as Bull-Bear Watershed | 2026-10-21 View 2026-10-20：Single-nameSHFE Copper (CU2611) In-Depth Analysis Report | Slightly Bullish: Destocking Plus Short Covering | 2026-10-20 View 2026-10-19：Single-nameSHFE Copper (CU2611) In-depth Analysis Report | Bullish Bias: Inventory Destocking and High Copper-Gold Ratio Resonance | 2026-10-19 View 2026-10-18：Single-nameSHFE Copper (CU2611) In-Depth Analysis Report | Bearish Bias: LME Inventory Down, SHFE Up; Seat Net Shorts Expand | 2026-10-18 View 2026-10-17：Single-nameShanghai Copper (CU2611) In-Depth Analysis Report | Bearish Bias: Inventory Turning Point and Expanding Net Short Positions | 2026-10-17 View 2026-10-16：Single-nameSHFE Copper (CU2611) In-depth Analysis | Bearish: Inventory Surge Combined with Expanding Net Shorts | 2026-10-16 View

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