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Wednesday, 02/16/2011 11:49:17 PM

Wednesday, February 16, 2011 11:49:17 PM

Post# of 25966
COPPER's pullback from record highs past 2 days, follow it. It's followed closely to the S&P 500 for instance in recent times, but today was definitely a notable divergence. Have to wonder, although early, if this is a sign the stock market is about to have a "pullback?" Even a pullback in "everything" over the next week, possibly two...?

Big-time bearish engulfing two-days ago, and today's close which erased all of the month's gains for a new closing low...

This with WFC are two indications of a strong BEAR argument for the market right now heading into the end of the month...



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