Tuesday, October 30, 2012

Lead‏ (LME) intraday: under pressure.


Pivot: 2037.0
Our preference: SHORT  positions below 2037 with 1978 & 1962 in sight.
Alternative scenario: The upside penetration of 2037 will call for a rebound towards 2060 & 2085.
Comment: as long as 2037 is resistance, look for choppy price action with a bearish bias.


By at

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