COMEX copper futures moved 9.57% higher in Q2 and were 12.85% higher over the first half of 2024. Nearby COMEX futures settled at $4.3905 per pound at the end of Q2 after trading to nearly $5.20 per pound during the second quarter. Three-month LME copper forwards moved 8.26% higher in Q2 and were 12.15% over the first half of this year. The LME forwards were at $9,599 per ton at the end of June. Meanwhile, copper forwards and futures have declined since the end of Q2 and are threatening to challenge the $4 per pound level on the COMEX futures. While the trend is always your best friend in mark…