Report For Date 16/01/2017
LME Aluminum: Accumulate At Lower Range
LME Aluminum - (Price figures in $/Ton)
Accumulate on correction to 1790-1742 as the opportunity arises.
Expect 1815-1889 to be tested.
INTRA-Week LEVELS FOR Aluminum LME
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
1790.50
|
1658.09
|
UP
|
1638
|
23.09
|
1668
|
1742
|
1766
|
1815
|
1889
|
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