Report For Date 28/11/2016
LME Aluminum: Accumulate At Lower Range
LME Aluminum - (Price figures in $/Ton)
Accumulate on correction to 1750-1727 as the opportunity arises.
Expect 1775-1823 to be tested.
INTRA-Week LEVELS FOR Aluminum LME
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
1751.00
|
1644.02
|
UP
|
1638
|
23.09
|
1679
|
1727
|
1750
|
1775
|
1823
|
Weekly Chart
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