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LME Aluminum Alloy: Expect Higher Range To Be Tested

2 May 2016 12:19 pm
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Report For Date 2/05/2016

Aluminum Alloy LME- (Price figures in $/Ton)

Accumulate at 1510 or below as the opportunity arises.


Exit long on rise to 1585-1610 as the opportunity arises.


Weekly Levels For LME Aluminum Alloy

STRATEGY

CLOSE

DRV

TREND

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Accumulate

1550

1612

DOWN

1965

19.12

-

1510

-

1585

1610





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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