Copper led base metals lower and has now followed suit on the upside as it bounced strongly last week helping the related stocks outperform in a drifting market e.g. OZ Minerals (OZL) +0.9%.
Copper has corrected 16.5% since the $US started basing this year, if / when we see another leg higher by the $US the likelihood is the industrial metal will test under $US400/lb taking its correction to ~20%.
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