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Copper lows have a high correlation with NYSE Composite lows for almost three years at line (1) above….when Copper hits a low, so has the NYSE since 2010.
Now Copper is back at this support line. If history is a good guide, Copper needs to hold again at support to keep the NYSE from falling any lower!
While so many are focused on the “Fiscal Cliff”….what Copper does in the near term is more important than all the hype regarding this topic! Keep your eye on Copper right now!!!
Tony….I do hope my one grandchild or the one’s to come look different than me too!
Thanks for watching the video and your viewership of our work,
Chris…my family is much relieved that none of the six grandchildren looks like grandpa Tony! 🙂
Just watched your UTube presentation. Bravo! Good Show!!
Tony….My mom is proud my first grandchild looks like its grandpa! 😉
I will pass on the news to mom!
Awww Chris, your mom must have been proud. You were such a cute kid! 🙂
Love the pix; they certainly brighten my day.
Best regards, Tony J.
We must be telepathic or in the zone. I noticed the same exact thing last night. Another thing I noticed is that if you extend a line from the highs of 2011 and 2012, it intersects the point at which Copper is resting. Essentially, it is at 2 levels of support. “Slope of Hope”