$ssec closed at 2377 last night and multi year low is 2318.
A little over 2.5%. Copper is down 5%. I don't
know when it's going to happen, or if it means anything, I'm just
pointing out that if the close correlation between china and copper
continues, that potentially crucial support level might be lost
within minutes of tonight's open in Shanghai.
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$ssec closed at 2377 last
Connecting the dots looking forward....
Posted by kalinm on 19th of Oct 2011 at 02:24 pm
$ssec closed at 2377 last night and multi year low is 2318. A little over 2.5%. Copper is down 5%. I don't know when it's going to happen, or if it means anything, I'm just pointing out that if the close correlation between china and copper continues, that potentially crucial support level might be lost within minutes of tonight's open in Shanghai.