December Copper has been trading in a range since the big breakdown at the end of June, and a lot of the downward action has come from negative Covid news out of China along with the dollar pushing higher. As we look at the dollar potentially having a blowoff top and the inverse head and shoulders pattern, there could be a push higher toward the 50-day moving average, also aligning with trendline resistance. Continued bearish news out of China or the dollar continuing higher would hurt copper and could drive the market to the bottom end of its current range.