Weekly Zinc Elliott Wave Analyzer

Transcription

1 Weekly Zinc Elliott Wave Analyzer For week beginning Mar 12 th,

2 Elliott wave legends TransGraph Consulting Put Ltd Slide 2

3 Preferred Elliott wave Count on Zinc3-m Select Forward Long Term According to preferred wave count, LME Zinc 3 month forward prices have culminated the primary wave W at USD 2736 with multiple zigzag formation and primary wave X culminated at USD 1812 with (A B C D E) triangle formation. Now price making intermediate complex corrective wave X within the primary wave Y and high probable culmination point expecting around USD region toresumethepositiveintermediatewave Y towards USD 2500 in the coming 6months. TransGraph Consulting Put Ltd Slide 3

4 Preferred Elliott wave Count on Zinc 3-m Select Forward Short Term LME Zinc 3 Month forward prices have culminated the intermediate wave W at USD 2416 and then unfolding the intermediate complex corrective wave X with zigzagform. Thehighhigh probable culmination point expecting around USD region and price likely to resume the positive trend towards USD 2150 in the coming 2 3 months. TransGraph Consulting Put Ltd Slide 4

5 Alternative Elliott wave Count on Zinc 3-m Select Forward --Long Term According to Elliott wave alternative scenario, Zinc price trading in cyclical complex corrective wave, within thatt primary wave X has culminated at USD 2416 and trading in bearish mode which h likelyl to extend towards USD 1500 in the coming 6 9 months. TransGraph Consulting Put Ltd Slide 5

6 Alternative Elliott wave Count on Zinc 3-m Select Forward --Short Term LME Zinc price correcting in zigzag formation as intermediate wave A within the primary bearish wave Y. With in that minor wave b culminated at USD 2171 and resumed the bearish trend in the nature of minor wave c in intermediate wave A and high probable culmination point expecting around USD TransGraph Consulting Put Ltd Slide 6

7 Zinc 3-m Select Forward Elliott Wave :Summary Market Mentor s Elliott Wave Analyzer LME Zinc 3 month forwards Week Closing USD 2143 per ton on Mar 12th, 2014 ELLIOTT WAVE PREFERRED ALTERNATE Cycle X Up X Down Primary Y Up Y Down Intermediate t X Down A Down Minor C Down C Down Directional Component 1 2 weeks: Positive 1 2 weeks: Positive 2 4 weeks: Positive ii 2 4 weeks: Mixed 4 6 weeks: Mixed 4 6 weeks: Negative Price Range (for 3 4 Weeks) USD USD Mentor s price outlook: Price likely to hold the support of USD region and trade higher towards USD 2150 in the coming 2 3 months. TransGraph Consulting Put Ltd Slide 7

8 Thanking you for your attention. WWW TransGraph Consulting Private Limited / 2 / 1, A.P. Civil Supplies Bhavan Lane, Somajiguda, Hyderabad , India. 8

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