Since submission of my last analysis on analysis of the movement of Aluminum Futures on April 20th, 2018 at 03:35:00 in different time frames in the same chart which I noted in my last analysis, I find that formation of an Exhaustive Candle in the daily chart is evident enough to grow suspicion among the bulls amid growing volatility.
I find that every bullish move look to attract more bears. Growing volatility may result in either side direction at any time due to the thick presence of bears on getting support from the news of U.S. sanctions against United Company Rusal Plc (MCX:RUAL). No doubt every down move attracting bulls which represent the massive fight between bulls and bears at every point. Growing volatility has enhanced indecisiveness among the bulls than bears.
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