Report For Date 17/04/2017
LME Tin: Exit Long On The Rise
LME TIN - (Price figures in $/Ton)
Exit long on rise to 19967-20183 as the opportunity arises.
Expect lower range of 19533-18883 to be tested.
WEEK LEVELS FOR LME TIN
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
19750.0
|
19692.6
|
UP
|
20450
|
17.03
|
18883
|
19533
|
19967
|
20183
|
20833
|
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.