Here's a look at FCX-SPY. FCX lead on the way up from the October lows...FCX has been showing some weakness as of late. This is confirming alot of what we already know. Upside progress looks limited IMO.
I know it. Strong open. I'm pretty surprised about where we are in just about everything. ES, GC, AAPL, everything I'm keeping an eye on looks decent, but I'm still just skeptical.
My levels are a mess today, but was that just a failed intra-day A down in the S&P? I had a confirmation of the A down, but this price action sure doesn't look that way... Oy