COPPER leads the 'dance' lower; will 'they' follow?

COPPER Daily Chart @ Close 03/12/2014

Copper has done what it inevitably was going to 'do'; break below $2.99.
Ideally it stays below $3.03 before setting new lows for this move. Longer Term; Long Term Averages are there to be 'plumbed' as 'there's nothing ever new under the sun' returns in style; even though NOT for the Commodity Exporters!
Above $3.11 negates the 'bearish' spin witnessed so far.