Report For Date 18/07/2016
Nickel LME- (Price figures in $/Ton)
Accumulate at 10360-10177 as the opportunity rises.
Expect higher range of 10457-10737 to be tested.
Weekly Level for LME Nickel
|
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
Accumulate
|
10360.0
|
9311.0
|
UP
|
9535
|
1.07
|
9897
|
10177
|
10273
|
10457
|
10737
|
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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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