Copper, many argue it's a leading indicator of market direction. Regardless of whether or not you buy the theory, how could you be anything but bearish when you see this pop up on your screen? It looks like it could dive off the cliff any day now.
Even more interesting is that the H&S target of $1.61 is a historical pivot point for copper.
xjo weekend zoomba lounge, page-101
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| Open | High | Low |
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| XJO (ASX) Chart |