As Stocks Fall, Keep Your Eye On This Chart

Today is definitely going to be interesting if stocks continue to head lower and start meaningfully eating into yesterday’s gains.

Beyond the big indices, keep your eye on copper. Its recent fall below its 200-day MA is seen by some as a major bearish sign. Now it’s back above it, barely, though it’s heading down again this morning. If it weakens meaningfully some more, that will freak a lot of folks out.



NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at