If you subscribe to the belief that copper is a good leading indicator for global growth (and by extension risk assets like stocks), then you may be a bit disconcerted by this break below the flag pattern for the industrial metal.
Here’s the chart from my pal Chris Kimble of Kimble Charting Solutions:

Is copper still important? Can we trust any of the “official” demand numbers out of China given how ridiculously opaque their warehousing and usage stats are? Does copper mean anything in terms of US stocks anymore?
… [Trackback]
[…] Find More to that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Find More on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] There you can find 66196 additional Information on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Find More on on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Find More Information here on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Read More on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Info on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Info to that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Info to that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Find More to that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]
… [Trackback]
[…] Find More Info here on that Topic: thereformedbroker.com/2012/05/23/what-is-this-copper-breakdown-telling-us/ […]