Report For Date 28/11/2016
LME Aluminum Alloy: Exit Long On The Rise
Aluminum Alloy LME- (Price figures in $/Ton)
Exit long on rise to 1588-1629 as the opportunity arises.
Expect lower range of 1548-1508 to be tested.
Weekly Levels For LME Aluminum Alloy
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
1575.00
|
1563.37
|
UP
|
1575
|
25.11
|
1508
|
1548
|
1562
|
1588
|
1628
|
WEEKLY CHART
MONTHLY CHART
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.