Yesterday some momentum shift was seen in the base metals and it could possibly be the expiry effect. Some counters like Nickel rose unexpectedly high whereas some were bounced from their days low. I would again say that the real strength is still not there so we may see them falling again. Right now the condition is wait & watch.
Crude seems positive now to go long so one can initiate long positions in it.
Gold & Silver no change in sentiment & still non trending.
Natural Gas no change in the mood.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment