CFDs on Copper (US$ / lb)
Short
Updated

Copper as a reflection of industry

48
A lot of you folks on here are very advanced are may already be familiar with Cu's ability to predict market movements. I wanted to point this out for folks who might not be privy to what Cu can indicate. I drew the trendline of support in this graph months ago before the current crash we're experiencing and it's held true. Support has become resistance, as per tradition. Copper continues to drop as I type this. I believe this will carry through to tomorrow and we should see a gap down in the SPY.
Note
snapshot

Here's a longer term view of the trendline.

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