Topping in the corrective view :
Aluminium has extended the impulsive wave (c) of the minute degree second wave, to the Fibonacci 0.618 retracement level at 1976.39. On the ongoing wave (c) the waves of i, ii, and iii have been completed and its fourth and fifth waves are probably ahead.
Alt : The wave (c) may have completed.
The bullish outlook in short term :
Aluminium has extended to the anticipated higher levels in impulsive wave (c) of the minute degree second wave. On the ongoing wave (c) the waves of i, ii, and iii have been completed and its fourth and fifth waves are probably ahead.
The outlook, in the corrective view, remains bullish now through the Fibonacci 0.618 retracement level at 1976.39.
The bullish outlook in short term :
Aluminium is retracing up in impulsive wave (c) of the minute degree second wave. On the ongoing wave (c), wave i and ii have been completed and wave iii is likely in progress.
The outlook, in the corrective view, remains bullish through the Fibonacci 0.5 retracement level at 1932.25.
The bullish outlook in short term :
Aluminium is correcting up in impulsive wave (c) of the rebound as wave ii of circle degree.
The near-term outlook is bullish through the Fibonacci 0.5 retracement level at 1932.25.
The bullish outlook in short term :
After completing a bearish leading diagonal as the wave i of minute degree, Aluminium appears to correct in three waves up through the Fibonacci 0.5 retracement level at 1932.25.
Elliott Chart 