Report For Date 29/05/2017
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
9005.0
|
9702.5
|
DOWN
|
9920
|
24.03
|
8518
|
8883
|
9127
|
9248
|
9613
|
Nickel LME- (Price figures in $/Ton)
Exit long on rise from 9004-9248 as the opportunity arises.
Expect lower range of 8883-8513 to be tested.
Weekly Level for LME Nickel
Weekly Chart
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.