Time for a Copper Price Rally?

Writing for Seeking Alpha, Andrew Hecht of Carden Capital went over four of the reasons he believes copper prices could be due for a rally. Overall, he covered action in other commodities, technicals, seasonal trends, and interest rates, and the China factor.
As quoted in the publication:

So far, in 2016, COMEX active month March copper futures have traded in a range between $1.9355 and $2.1380 per pound. Copper, the red metal that is often a barometer for the global economic condition, has been quiet when compared to other commodities. While copper did trade down to the lowest level since April 2009 on January 19, it has spent most of the time above the $2 level recently.
Markets rarely move in a straight line. Even in the most vicious of bear markets, there are recovery rallies. When it comes to copper and many other base or non-ferrous metals, the bear market has been brutal. Last year, the sector dropped by over 23%, with copper shedding a quarter of its value. There are a number of reasons why I believe copper is ripe for a recovery at this time. While it is impossible to tell if the bear market in commodities will continue to cause prices to fall throughout 2016, copper is due for a bounce and it has plenty of upside room to do so.

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