COPPER Daily Chart @ Close 10/24/2012 |
DOW JONES TRANSPORTS @ Close 10/24/2012 |
The Transports have again sold off coincident with a further bout of selling in WTI ($85.65).
Which one shall prove to be the most pertinent, will probably be evident by week's end.
Support in the S&P500 @ 1395 (1407) has yet to be challenged, so perhaps a bit further 'south' before we witness some worthy sign of a low?