Wednesday, October 31, 2012

Zinc‏ (LME) intraday: bullish bias above 1840


Pivot: 1840.0
Our preference: LONG positions above 1840 with 1874 & 1890 as next targets.
Alternative scenario: The downside penetration of 1840 will call for 1830 &1816.
Comment: the RSI is mixed with a bullish bias.


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