
Big picture, if we fail to hold the 61.8% Fib retracement of the 2010 low to the 2011 breakdown low as depicted on the SPX chart below, a full retracement is likely.

Update on the copper futures chart I posted over the weekend. H&S top within a big double top. The H&S measured move is close to target. Here again, I would expect dead cat bounce soon.

1 comment:
Jamie,
You use stockcharts for your analysis. Check out our new free service, tradingview.com. You can embed live charts into your blog instead of static screenshots, for instance. You may like ours better... cheers.
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