S&P GSCI TR Index: Recovering from Fibo support at 5015
NYMEX Light Crude Oil: Based short term favour recovery to the 55 day ma at 104.92
ICE Brent Crude Oil: Short term upside bias
NYMEX Heating Oil: Upside bias while above the 2.8560/9 month uptrend
ICE Gasoil: Break higher from small range implies unfinished business on the topside.
NYMEX Natural Gas: Rally has reached the Jan- June resistance line at 4.68
RBOB Gasoline: Rebound looks set to extend to 3.2365/3.3435
LME Copper: Upside corrective above 200 day ma at 8864
LME Aluminium: Back in middle of channel
LME Nickel: Market remains on the defensive – target 21431/21274
LME Zinc: Rebound has reached moving average resistance allow for near term profit taking
LME Lead LME Lead has reached Fib resistance at 1552 allow for near term profit taking
Spot Gold: The May high is not expected to be bettered for some time
NY Coffee Consolidating at initial target 258/54
ICE ECX Emission Dec 2011 Consolidation measures to 18.86
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