In Base metals only Copper & Lead has risen with full strength & rest others just followed them. These 2 counters looks very strong now. Buy on dips. Nickel & Zinc also positive but not as promising as Copper & lead.
Crude still looks overbought & has taken stiff resistance at 3320 yesterday. In international market $71.75 is huge resistance. Keep an eye on this level. A close above this will take it to new highs.
Natural Gas was weak and as expected fallen from its intraday resistance of 182. It is still weak and can be shorted on rise.
Gold & Silver are still under pressure & are prone to fall. More to come...
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