maybe not .....
Trade Signals – Dr. Copper Turns Negative on the Global Economy
Dr. Copper turned negative on the global economy this week. “Dr. Copper” is insider lingo used in the commodities markets to explain price trends in copper’s ability to predict the overall health of the economy. When copper prices decline, it may indicate sluggish demand and an imminent economic slowdown. The following chart does not signal often but it did this last week. Red arrows reflect global economic downturn signals, green arrows signal expansion.
Link https://www.cmgwealth.com/ri/on-my-radar-a-story-of-hope/
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Last
$10.77 |
Change
0.020(0.19%) |
Mkt cap ! $4.926B | |||
| Open | High | Low | Value | Volume |
| $10.51 | $10.77 | $10.41 | $25.33M | 2.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 11524 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SFR (ASX) Chart |