Copper and S&P 500 both set for further upside
TWO VERY IMPORTANT charts that directly impact the direction of world stocks are shown. They’re the copper price (in US dollars) and the Standard & Poor’s 500 index in the United States. Because copper is an industrial metal, it typically mirrors the world economy closely, while the S&P 500 index is the most important stock index worldwide. Their price charts currently look similar: both are pointing to further upside to come over the short term.
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