Report For Date 23/05/2016
LME Lead - (Price figures in $/Ton)
Exit long on rise to 1703-1712-1737 as the opportunity arises.
Expect lower range of 1686-1661 to be tested with volatility.
Weekly Levels For LME Lead
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
1694.50
|
1750.92
|
DOWN
|
1742
|
6.05
|
1661
|
1686
|
1703
|
1712
|
1737
|
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.