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LME Aluminum: Accumulate At Lower Range

13 Feb 2017 6:23 pm
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Report For Date 13/02/2017

LME Aluminum: Accumulate At Lower Range

LME Aluminum - (Price figures in $/Ton)

Accumulate on correction to 1849-1822 as the opportunity arises.

Expect 1862-1902 to be tested.


INTRA-Week LEVELS FOR Aluminum LME

STRATEGY

CLOSE

DRV

TREND

Trend Price

Trend

Date

L1

L2

CP

L3

L4

Accumulate

1849.00

1704.32

UP

1638

23.09

1782

1822

1836

1862

1902




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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