Copper has been running in place for nearly a year but is now on the verge of a bullish breakout that promises to keep prices buoyant, at least, in the months ahead. Notice in the chart how yesterday’s rally came within 0.0005 points of an external peak recorded in May.  Although a ‘b-c’ pullback from here would diminish the imputed bullishness of any rally exceeding that peak, it would not negate the prospect of a bull market in its infancy.  On the other hand, a failure to surpass the peak — and soon — could consign the futures to indefinite meandering in the wilderness. Click here for information about the upcoming Hidden Pivot Webinar and a $50 coupon — or here for a free trial subscription.