It's hard not to feel good when you see a chart like this for copper.
As we recently noted in one of our Charts of the Day, the industrial metal has earned its reputation as a forecaster during the past year or so by pivoting upwards or downwards right before the S&P 500 made a similar move. And as we noted, copper has been pushing up lately.
You don't have to be much of a chartologist to see how powerful the move has been lately, especially compared to the weak days of early February:
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See Also:
- CHART OF THE DAY: Dr. Copper Is Telling You To BUY
- WOW: Dow Surges By 170
- This Is The Most Bullish Thing We've Seen For Housing In A Long Time
Full story at http://feedproxy.google.com/~r/businessinsider/~3/OThCzb-bgl0/dont-look-now-but-copper-is-making-a-hugely-bullish-move-2010-2
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