Even though the NDX100 is 'up & about'...why NOT Copper?

COPPER Daily Chart @ Close 06/19/2012

Copper's performance both in absolute & relative terms (S&P500) has been lacklustre since the lows scored by 'risk assets' in early June.
The now crossed (negatively) 50/ 200 day SMAs the worry for the Bulls; a simply 38% retrace of losses from $3.99 adding to the potential 'hangover' should this recent 'party' end?

NDX100 not 'playing ball' with this rally.......

NDX100 Daily Close @ 06/15/2012

Relative under- performance for the week as against the S&P500's 1.30% gain @ a 'paltry' +0.47% advance.
More importantly; the highs seen Monday in the large range down day are yet to be bested @ 2579.23.
A Gap- Up Monday would of course negate this, the alternate being a Gap- Down......Binomial Outcome as Greece 'decides' a 2nd time.
50day SMA still in the 'enemy' camp for the bullish prognosticators.

Short-term Lows in again for another 'rope a dope' rally?

COPPER Weekly Close 06/08/2012

Using Copper as the 'lead dog' in this procession; have we witnessed a short-term low?

NDX100: Level to finally 'buy' some???

NDX100 Daily Close @ 06/01/2012

The fast approaching 2435 level (200day SMA) & 2396 (62% retrace from the Nov. 2011 low) may, just may be the level to seriously consider putting some 'longs' back on in the 'risk- seeking' NDX index???