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LME Aluminum Alloy: Exit Long On The Rise

5 Dec 2016 5:22 pm
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Report For Date 05/12/2016

LME Aluminum Alloy: Exit Long On The Rise

Aluminum Alloy LME- (Price figures in $/Ton)

Exit long on rise to 1546-1575 as the opportunity arises.

Expect lower range of 1517-1488 to be tested.

Weekly Levels For LME Aluminum Alloy

STRATEGY

CLOSE

DRV

TREND

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Distribution

1565.00

1563.38

UP

1575

25.11

1488

1517

1529

1546

1575


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.


       
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