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📅 2026-11-06 · COMEX Copper · Single-name brief

This report is provided by MacroTerms.com

Data as of: 2026-11-05 · Settlement: Exchange final daily settlement

Copper (HG=F) Deep Dive | Bearish bias on 20-day low break | 2026-11-06

Bearish. Copper's settle 6.27 broke below the prior 20-day low 6.271, invalidated by a daily close above 6.3082. Weakening COT crowding, rising LME stocks, and a 20-day channel near the lows reinforce the call.

Single-name briefs Deep dive

COMEX GoldGC=F 2026-11-06
Gold (GC=F) Deep Dive | Bullish bounce vs 90th-pct crowded longs | 2026-11-06
LONG1-5daligned
Deep diveRead
COMEX SilverSI=F 2026-11-06
Silver (SI=F) Deep Dive | LONG into oversold washout — SIZ26 above 51.5 targets 54.38 | 2026-11-06
LONGdaily-briefneutral_context
Deep diveRead
WTI CrudeCL=F 2026-11-06
WTI Crude (CL=F) Deep Dive | Bearish — Oversold Bounce Fails, Demand Destruction Wins | 2026-11-06
SHORTdaily-briefaligned
Deep diveRead
COMEX CopperHG=F 2026-11-06
Copper (HG=F) Deep Dive | Bearish bias on 20-day low break | 2026-11-06
SHORTdaily-briefaligned
Deep diveRead
BrentBZ=F 2026-11-06
Brent Crude (BZ=F) Deep Dive | Bearish — Prompt Backwardation Fails to Stop the Slide | 2026-11-06
SHORTdaily-briefalignedrevised
Deep diveRead
Nat GasNG=F 2026-11-06
Natural Gas (NG=F) Deep Dive | Bearish — Contango, Record Net Short, Seasonal Headwind | 2026-11-06
SHORTdaily-briefaligned
Deep diveRead
CornZC=F 2026-11-06
Corn (ZC=F) Deep Dive | Bearish — 440 Settle, Oversold Bounce Sell | 2026-11-06
SHORTneutral_context
Deep diveRead
SoybeansZS=F 2026-11-06
Soybeans (ZS=F) Deep Dive | Bearish breakdown below 20-day low, target 1166 | 2026-11-06
SHORTdaily-briefaligned
Deep diveRead
WheatZW=F 2026-11-06
Wheat (ZW=F) Deep Dive | Bearish — 20D -12.29% slide, contango confirms ample supply | 2026-11-06
SHORTneutral_context
Deep diveRead

Previous briefs

2026-11-05：Single-nameCopper (HG=F) Deep Dive | Bearish — LME Stock Surge Confirms Weak Demand | 2026-11-05 View 2026-11-04：Single-nameCopper (HG=F) Deep Dive | Bearish — LME Stock Surge Breaks Momentum, Target 6.1897 | 2026-11-04 View 2026-11-03：Single-nameCopper (HG=F) Deep Dive | Neutral—Range Bound at 6.55, Break of 6.4365 Turns Bearish | 2026-11-03 View 2026-11-02：Single-nameCopper (HG=F) Deep Dive | Bearish — LME Stock Build Overwhelms Weak SHFE Draw | 2026-11-02 View 2026-11-01：Single-nameCopper (HG=F) Deep Dive | SHORT toward 6.36 unless 6.57 is reclaimed | 2026-11-01 View 2026-10-31：Single-nameCopper (HG=F) Deep Dive | Bearish — LME Stock Build Overwhelms SHFE Draw, 6.4223 Key | 2026-10-31 View 2026-10-30：Single-nameCopper (HG=F) Deep Dive | Bullish Bias | 2026-10-30 View 2026-10-29：Single-nameCopper (HG=F) Deep Dive | Bullish Breakout from 20-Day Channel | 2026-10-29 View 2026-10-28：Single-nameCopper (HG=F) Deep Dive | LONG — tight concentrates, depleted SHFE warrants vs rich copper/gold | 2026-10-28 View 2026-10-27：Single-nameCopper (HG=F) Deep Dive | Bullish — SHFE Warrant Drain vs LME Build, 99th-Pct Copper/Gold | 2026-10-27 View 2026-10-26：Single-nameCopper (HG=F) Deep Dive | Bearish Bias | 2026-10-26 View 2026-10-25：Single-nameCopper (HG=F) Deep Dive | Neutral: Range-Bound Within a Tightening 6.41–6.63 Band | 2026-10-25 View 2026-10-24：Single-nameCopper (HG=F) Deep Dive | Neutral — LME Stock Surge Offsets SHFE Draw, Range 6.31–6.63 | 2026-10-24 View 2026-10-23：Single-nameCopper (HG=F) Deep Dive | Short: 20D low 6.509 broken, 6.3245 pivot is the line | 2026-10-23 View 2026-10-22：Single-nameCopper (HG=F) Deep Dive | Long COMEX Dec-26 HGZ26: Range-Lower Bias, 6.5232 Invalidation | 2026-10-22 View 2026-10-21：Single-nameCopper (HG=F) Deep Dive | LONG COMEX Dec-26: Inventory Drain vs Weak Tape | 2026-10-21 View 2026-10-20：Single-nameCopper (HG=F) Deep Dive | Long: Inventory Drain vs Crowded Shorts | 2026-10-20 View 2026-10-19：Single-nameCopper (HG=F) Deep Dive | Long: China data to confirm 6.53 floor | 2026-10-19 View 2026-10-18：Single-nameCopper (HG=F) Deep Dive | LONG HGZ26: LME drawdown vs 15th-pctile price | 2026-10-18 View 2026-10-17：Single-nameCopper (HG=F) Deep Dive | Long: Inventory Drain vs. Crowded Longs | 2026-10-17 View

⟠ This month's strategy backtest

Daily AI brief ideas settled day-by-day with objective stop/target matching

* Backtest settles each daily trade idea: stop/target whichever first, flat at close when window ends. Past performance does not predict future results.