Report For Date 23/05/2017
LME Lead - (Price figures in $/Ton)
Exit long on rise from 2108-2151 as the opportunity arises.
Resistance will be at 2048-2108-2151.
Expect lower range of 2065-2022 to be tested.
Weekly Levels For LME Lead
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
2090.00
|
2126.17
|
DOWN
|
2088
|
19.05
|
2022
|
2065
|
2084
|
2108
|
2151
|
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.