[pcabc]

COPPER has made a Stage 2A breakout attempt today. Another key chart.

When you say 'key' is it a good indication of economic strength in some areas? I could see it indicating rising industrial output, building, construction or manufacturering.

I note that aluminium has a similar set up but it has not made such an obvious breakout:
   

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COPPER has made a Stage 2A breakout attempt today. Another key chart.

Worth looking at COPX (copper miners) that has also broken out on good volume.
   
I would note that the chart appears to be affected by an uncorrected split, so bear that in mind.

Subsidiary question. The market breadth in general has deteriorated of late. However, commodities are not necessarily in the same position in the cycle as equities, and I'd assume the miners correlate with the relevant commodity price most. So should we feel free to jump in or is caution advised? Just thinking that the markets have had some shock news today - but in overall terms its been interesting rather than bad. But there are exceptions in both directions if you look.