from a short term basis, AIM is being nicely accumulated between...

from a short term basis, AIM is being nicely accumulated between 24 and 26c - the longer it goes on for the more powerful the break up will be towards the 30c level so good news here. The break above 26c will signal a minor bullish swing pattern but a more powerful swing would be another shake out to 23c to fill that gap there , then the break past 26c very quickly after that . The smart money will move this when its good and ready but at the moment its more than happy buying up at these present levels while the supply is still there. Either scenario is short term bullish but the real test is going to come when we start getting into those 30c levels again. In Elliott Wave speak we have either completed a deep intermediate Wave 4, which means new highs await over the coming months, or we are only in the first stages of completing a much larger Wave 2 which means we head back up into the low 30's again , but then a rejection will occur , where we then head back down into the mid teens - i also think the zinc chart will start correlating with AIM aswell now - a short term dip now then followed by a run to 3900 - 4000 is not out of the question short term, where like AIM, it could go either way as to what the future direction will be for this market in general . I'll pop back in on things if anything changes for the worse, otherwise , see u again around the critical 30c level for another update on the technicals . good luck .
cheers ECN.