Aluminium is in positive zone and taking nice support at its trendline. Weakness will only be visible on a close below the trendline.
Other base metals are also looking good and buy on dips items.
Crude can witness some selling and can come down. 2550-2575 is a decent range to go long.Overall its bullish.
Gold & Silver are still weak and can show some more selling this week. Watch out 22250 for Silver and 15200 for Gold as immediate resistances.
Natural Gas fell last week from my resistance of 226.5 which was the channel resistance. It has current support at 190.4 and will show more weakness below 190.. ...Watch out !!!
Sunday, March 29, 2009
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