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LME Aluminum: Exit Long On The Rise

17 Apr 2017 6:11 pm
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Report For Date 17/04/2017

LME Aluminum: Exit Long On The Rise

LME Aluminum - (Price figures in $/Ton)

Expect correction towards DRV therefore exit long on rise from 1890 to 1916 as the opportunity arises.

Lower range can be at 1877-1838.

INTRA-Week LEVELS FOR Aluminum LME

STRATEGY

CLOSE

DRV

TREND

Trend Price

Trend

Date

L1

L2

CP

L3

L4

Distribution

1890.00

1826.06

UP

1638

23.09

1838

1877

1903

1916

1955






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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