Doctor Copper Pokes Higher Still, But No Prescription Yet

Copper lurched higher today and like the stock market, eased its enthusiasm a bit into the close. Click for a better view. I think you can sort of tell the key area, eh? If not, here’s one of the charts from NFTRH 540. It’ obvious where copper needs to go to indicate positive things and where it needs to stay in order not to. The … Continue reading Doctor Copper Pokes Higher Still, But No Prescription Yet

SPX Hits Extreme Target & Recoils, VIX & GDP Now Tank

If there are any bears with enthusiasm left out there they may want to be watching the point from which SPX reached and reversed (a bit) today. The extreme target was 2815 and today’s high is close enough for government work. Minor support is at 2750 and better support is at 2625. Now, resistance is not a stop sign and this thing could test its … Continue reading SPX Hits Extreme Target & Recoils, VIX & GDP Now Tank