Report For Date 05/12/2016
LME Tin: Accumulate Lower Range
LME TIN - (Price figures in $/Ton)
Expect higher range of 21420-21570 to be tested.
Accumulate at 21270-2112 as the opportunity arises.
WEEK LEVELS FOR LME TIN
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
21355.0
|
19514.8
|
UP
|
16545
|
3.06
|
21120
|
21270
|
21335
|
21420
|
21570
|
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.