If the anticipated follow-through materializes, the market should drop to the projected price target of between $1,930 and $2,015 per metric ton to complete the breakout.

If buying pressure does enter the market near the current price level to pull the market back into the Descending Wedge, a retracement back to resistance at $2,140 per ton would be the expected move. This would prolong the development of the wedge and set up another signal on a futures move accompanied by a higher momentum reading.

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