$Global X Copper Miners ETF(CO

$Global X Copper Miners ETF(COPX)$ Looking at the weekly close on copper stocks ETF. COPX put in an +11.63% gain last week. Among the metals ETFs I follow closely — GDX, SILJ, SPPP, GLD, SLV — COPX was showing the most bullish ABC Wave 2 bottom scenario. It is now leading all the metals ETFs higher here in Aug 2026.

The structure off the April 2025 generational low, the one tied to the TACO Tariff, has been about as textbook as you will ever see for a complete Elliott Wave five-wave impulsive fractal. It unfolded pretty clearly. COPX was obviously in a fifth-wave blowoff on heavy sell volume during the last week of Jan 2026, when silver touched 120.

On gold, the steep uptrend line that started in Sept 2025 broke to the downside in March 2026. Gold has now broken the downtrend line that had been in place since that late Jan 2026 top. $SPDR Gold ETF(GLD)$ $iShares Silver Trust(SLV)$ $VanEck Gold Miners ETF(GDX)$ $SPDR S&P 500 ETF Trust(SPY)$

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COPX put in an +11.63% gain last week. Among the metals ETFs I follow closely — GDX, SILJ, SPPP, GLD, SLV — COPX was showing the most bullish ABC Wave 2 bottom scenario. It is now leading all the metals ETFs higher here in Aug 2026.\nThe structure off the April 2025 generational low, the one tied to the TACO Tariff, has been about as textbook as you will ever see for a complete Elliott Wave five-wave impulsive fractal. It unfolded pretty clearly. COPX was obviously in a fifth-wave blowoff on heavy sell volume during the last week of Jan 2026, when silver touched 120.\nOn gold, the steep uptrend line that started in Sept 2025 broke to the downside in March 2026. Gold has now broken the downtrend line that had been in place since that late Jan 2026 top. <a href=\"https://ttm.financial/S/GLD\">$SPDR Gold ETF(GLD)$&nbsp;</a> <a href=\"https://ttm.financial/S/SLV\">$iShares Silver Trust(SLV)$&nbsp;</a> <a href=\"https://ttm.financial/S/GDX\">$VanEck Gold Miners ETF(GDX)$&nbsp;</a> <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>\n<img src=\"https://community-static.tradeup.com/news/9246b09f219f47bf9992ef229bea9bae\" tg-width=\"795\" tg-height=\"653\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/COPX\">$Global X Copper Miners ETF(COPX)$&nbsp;</a>Looking at the weekly close on copper stocks ETF. COPX put in an +11.63% gain last week. Among the metals ETFs I follow closely — GDX, SILJ, SPPP, GLD, SLV — COPX was showing the most bullish ABC Wave 2 bottom scenario. It is now leading all the metals ETFs higher here in Aug 2026.\nThe structure off the April 2025 generational low, the one tied to the TACO Tariff, has been about as textbook as you will ever see for a complete Elliott Wave five-wave impulsive fractal. It unfolded pretty clearly. COPX was obviously in a fifth-wave blowoff on heavy sell volume during the last week of Jan 2026, when silver touched 120.\nOn gold, the steep uptrend line that started in Sept 2025 broke to the downside in March 2026. Gold has now broken the downtrend line that had been in place since that late Jan 2026 top. <a href=\"https://ttm.financial/S/GLD\">$SPDR Gold ETF(GLD)$&nbsp;</a> <a href=\"https://ttm.financial/S/SLV\">$iShares Silver Trust(SLV)$&nbsp;</a> <a href=\"https://ttm.financial/S/GDX\">$VanEck Gold Miners ETF(GDX)$&nbsp;</a> <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>\n<img src=\"https://community-static.tradeup.com/news/9246b09f219f47bf9992ef229bea9bae\" tg-width=\"795\" tg-height=\"653\"></body></html>","text":"$Global X Copper Miners ETF(COPX)$ Looking at the weekly close on copper stocks ETF. COPX put in an +11.63% gain last week. Among the metals ETFs I follow closely — GDX, SILJ, SPPP, GLD, SLV — COPX was showing the most bullish ABC Wave 2 bottom scenario. It is now leading all the metals ETFs higher here in Aug 2026. The structure off the April 2025 generational low, the one tied to the TACO Tariff, has been about as textbook as you will ever see for a complete Elliott Wave five-wave impulsive fractal. It unfolded pretty clearly. COPX was obviously in a fifth-wave blowoff on heavy sell volume during the last week of Jan 2026, when silver touched 120. On gold, the steep uptrend line that started in Sept 2025 broke to the downside in March 2026. Gold has now broken the downtrend line that had been in place since that late Jan 2026 top. $SPDR Gold ETF(GLD)$ $iShares Silver Trust(SLV)$ $VanEck Gold Miners ETF(GDX)$ $SPDR S&P 500 ETF Trust(SPY)$","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/595200192950296","repostId":0,"isVote":1,"tweetType":1,"viewCount":35,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SPY","GDX","COPX","SLV","GLD"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":784,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/595200192950296"}