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LME Aluminum Alloy: Accumulate On Decline

13 Feb 2017 6:22 pm
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Report For Date 13/02/2017

LME Aluminum Alloy: Accumulate On Decline

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

Accumulate at 1628-1612 as the opportunity arises.

Expect higher range of 1662-1712 to be tested.

Weekly Levels For LME Aluminum Alloy

STRATEGY

CLOSE

DRV

TREND

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Accumulate

1645.00

1576.59

UP

1595

13.01

1562

1612

1628

1662

1712



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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