The Copper Market tends to bottom and top before the Stock market. Hence examining the copper market can provide valuable clues in terms of market direction. Suppose the copper market tops after experiencing a strong rally. In that case, it should serve as an early warning sign that the stock market is in store for a significant correction.

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The price of copper on an inflation-adjusted basis was higher in the 1915-1916 timelines than it is today. So much for the Hyperinflation, garbage theory. Having said that, copper is a leading indicator, so it tends to bottom and top before the markets. Looking at the current action of copper, it appears that copper has enough mojo left for one more sprint. This sprint could take it to the 5.10 to 5.50 ranges, likely coinciding with a multi-month top.

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