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LME Lead: Accumulate

8 Feb 2016 4:34 pm
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Report For Date 8/2/2016

LME Lead: Accumulate LME Lead - (Price figures in $/Ton) Expect higher range of 1833-1935 to be tested. Cover short position if any at 1789 or below. Downside momentum can continue on fall and weekly close below 1593. Accumulate at 1789-1731 as the opportunity arises. Weekly Levels For LME Lead
STRATEGY CLOSE DRV TREND Trend Price Trend Date L1 L2 CP L3 L4
Accumulate 1789 1748 UP 1789 5.02 1629 1731 1774 1833 1935
Disclaimer: There is risk of loss in trading in derivatives and the report is not to be construed as investment advice. The information provided in this report is intended solely for informative purposes. The author, directors and other employees of CC Commodity Info Services cannot be held responsible for the accuracy of the information presented herein or for the results of the positions taken based on the opinions expressed above.

       
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