Industrial metals technical weekly:
Even it feels like catching a falling knife…we think the stage is set for a potential rebound. Several markets has reached expected firm support levels hence a bounce would fit very well into the larger picture.
Copper – wave three collapse phase
Nickel – bear flag broke lower
Alu – lower levels underway
Zink – key support passed
Steel – lower levels later on
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/09/TF2609.pdf
Tech team
Skandinaviska Enskilda Banken AB