Back on February 12 we compared the price of copper with the S&P and noted that while the S&P was in slump mode, copper was beginning to rebound, and that since copper has successfully anticipated pivots in the market over the past year and a half, it might be cause for bullishness.
Well, the S&P 500 had a great week (briefly pushing into positive territory for 2010), and if you had simply followed this chart you might have guessed that.
And here was the chart we ran Feb 12:
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