This morning's Chris Kimble contribution fills me with fond nostalgia — totally unrelated to the market. As a child in Daytona Beach in the late 1950's, Coppertone billboards abounded. I think I first noticed them when I was about the same age as the little girl whose puppy exposes her tan line, long before the days of sunscreens. But I digress. Here's Chris on Copper.

Click for a larger image

Many feel copper is a quality gauge to measure strength or weakness of the global economy.

Copper found support at the lows of its trading range. Currently it is fast approaching the upper 25% of its range, forming a potential right shoulder.

Silver continues to struggle with 30-year Fibonacci resistance.

Continue to watch Copper, as well as the Euro (as in this recent post), because they set the "tone" for so many other assets owned.