The price of copper has fallen quite a bit lately. This morning's news: The 3-month copper contract lost 1.5% to 6,425/t
Imo, this drop is a major player in the SP drop.
Donald T's sabre rattling with China has had the effect of putting selling pressure on base metal prices like copper. Maybe a world recession will happen?
I see the FA as being > than TA here.
SFR TA, page-44
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