Movement in base metals of days when LME is closed

piyush08

Active Member
#1
Hi,

Monday is a holiday in UK and LME is closed. Wanted to hear from experienced traders what kind of movement typically seen in base metals on LME holidays - low volatility, high volatility, random movements, or something else. Anything you would have noticed please share.

Btw,

Seems like base metals have bottomed out for near term with the moves seen on Friday. Traders could trade them on the long side now. Except for Nickel, whose movements I just can't/don't trust.

Lead/Zinc feel 20-25% from their highs. They have rallied 3-5%. Could rally further 3-5%.
 

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