On March 9 - 2011 I had a post regarding Copper vs. S&P 500 - See the linke below:In that post I said that Copper might have topped in mid-February. The latest price-action supports that view. The break below the minor trendline from mid-2010 add confidence to that statement. Whats need now is a break below important support at 407.90. If that support breaks there is no more doubt, that an important top was in place with the test of 462.55 on February 14 - 2011.
A top in the Copper complex also supports a possible fifth-failure top in the S&P 500.
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