There is one observation i wanted to share with you all.
Did any one notice something in the relationship between copper and the S&P 500 ?
It's the first time since the start of the Cyclical Bull Market that started in March 2009 that we have had a significant lower low in JJC (Copper ETF) while the SPY (S&P 500ETF) is showing a higher high !
I'd say that the lower highs in Copper are suggesting a slowdown in the Economy and the the S&P 500 is still lagging behind and will catch up on the downside.
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