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LME Tin: Consolidation till 18760 is not violated

20 Jun 2017 2:59 pm
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Report For Date 20/06/2017

LME TIN - (Price figures in $/Ton)

Deeper correction is below 18760.

As long as 18760 is not violated consolidation can happen.

Expect 19808-20283 to be tested.

Sell is below 18760 closing.


WEEK LEVELS FOR LME TIN

STRATEGY

CLOSE

DRV

TREND

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Accumulate

19650.0

19728.8

DOWN

19150

9.06

18858

19333

19492

19808

20283


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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