Intraday Market Thoughts
Copper Divergence & Ominous Leading Signals
by
Mar 13, 2014 16:22
As copper drops 13% & the CRB Commodity Index rises 8% YTD, the 20% decline in the copper/CRB ratio year-to-date is the biggest divergence between copper and the rest of commodities since the peak of the Eurozone debt crisis in 2011. Charts & analysis of the deepening divergence and copper's leading signal to the recent major equity selloffs.
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