
LME aluminum to fall to USD 2186 per tonne
LME aluminum will drop more to USD 2,186 per tonne as the retracement from the January 31 high of USD 2,310 has not completed.
The fall has adopted a three wave mode with the current wave c expected to at least travel to USD 2,186, the 61.8% Fibonacci projection level.
A break below USD 2,186 will open the way towards USD 2,141, the 100% level. Resistance is at USD 2,259.75, a rise above which will neutralize the signals.
(Sourced from www.brecorder.com)










