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LME Aluminum Alloy: Exit Long On The Rise

17 Apr 2017 6:12 pm
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Report For Date 17/04/2017

LME Aluminum Alloy: Exit Long On The Rise

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

Expect correction therefore exit long on rise from 1680-1693 range as the opportunity arises.

Expect lower range of 1673-1653.

Weekly Levels For LME Aluminum Alloy

STRATEGY

CLOSE

DRV

TREND

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Distribution

1680.00

1651.36

UP

1595

13.01

1653

1673

1687

1693

1713




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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