
HURDLE: 2571
If crude oil will stay below the hurdle then we may see 2530-2505 levels today and if the crude oil will stay above 2571 for 1-2 hours then nobody can stop it to touch 2620-2680 levels.
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Yesterday next month [APR] contract of copper dropped almost 1.55% (-5.15) and we’re expecting it will go down more.
For day traders: 323.5-320
For short term investor: 316-311
Best entry level: 328.5
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Lead is dropping over 2 weeks, and we’re expecting more downward in metal sectors commodities. It hurdle is 116 level. If it stays above to our hurdle then lead could touch 117.5-118.5 levels. But seller may continue selling while it goes below to our hurdle. Downtrend is showing 114.5-113.5 target levels for intraday traders.

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