Report For Date 05/12/2016
LME Zinc: Expect Higher Range To Be Tested
LME Zinc - (Price figures in $/Ton)
Expect higher range of 2826-3070 to be tested.
Accumulate at 2744-2582 as the opportunity arises.
Weekly Levels For LME Zinc
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Book profits
|
2663.0
|
2304.9
|
UP
|
1716
|
5.02
|
2338
|
2582
|
2744
|
2826
|
3070
|
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.