Gold, Copper and Silver are working on/breaking key support at (1) in the chart above. Is a Macro message being sent by this price action?  Could be…. yet a little early to fully determine if they are.

High yields and Copper have been slipping of late (see leadership slippage).  Back in 2008 high yields/Copper & metals weakness were sending a macro message.  Keep an eye on these areas to see if they are again! 

Watch what these metals do on rallies in the near future….as they test new resistance lines!


How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past