Yes it might have,but I have noticed the markets revert to a lot of other old histories.Like profits.Remember when the .com's thought they did not need to make a profit?Thats only one example.Normally manufacturers start to get in orders and thus buy copper.Copper has risen only a small amount so I don't know if its a head fake?Or does this ancient indicator still have value with all the new technology.I would bet it does,tech does not seem to affect some things.JMHO.
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