Copper
Support at 320.50 and Resistance at 326.50
Close above 326.50 will take to 333---338+ mark in days to come
Fresh selling can initiate only close below 320.50 mark
Trade with levels only
Nickel
Support at 570 and Resistance at 600
Three consecutive closes + weekly close above 600 will take to 625---640+ mark in days to come
Fresh selling can initiate only close below 570 mark
Traders can trade with levels only
Crude oil
Support at 2270 and Resistance at 2400
Looks positive and could test its resistance level of 2360---2400. Further upside rally seen only close above 2400 mark else it could test its support level of 2270 again
Further downside panic will see below 2270 mark
Decisive break and sustain below 2270 will take to 2240---2210 and then to 2160 mark
Trade with levels only
Natural Gas
Panic continues... Just made a low of 115.70. Now support at 114. Close below 114 will see further downside panic till 108---103 mark in days to come
Hurdle and stop loss intact above 121
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