COPPER big picture has been weak since the H&S neckline came and...

COPPER big picture has been weak since the H&S neckline came and went (recall the $GS copper bull then bear retreat last year)

Copper now clearly very bearish and 2.55 looks certain
(might find this mirrors with iron ore price in some fashion - though I have no IO data to check that)

The older H&S neckline (blue) had a worst case downside target (the lower one); the inverted asc triangle break of the 3.0 neckline makes for 2.55 minimum.

Interestingly, note the head and r.shldr 'could' have turned bullish as there is a clear neckline to the right hand side. But it didn't with momentum taking it down.

Target would be the 38.2Fib area which has been a long term retracement target for nearly 2 years.