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LME Aluminum: Accumulate

4 Jul 2017 2:05 pm
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Report For Date 04/07/2017

LME Aluminum - (Price figures in $/Ton)

Accumulate at 1891-1863 as the opportunity arises.

Resistance will be at 1926-1980.

Further rally can continue on breakout and close above 1963.

INTRA-Week LEVELS FOR Aluminum LME

STRATEGY

CLOSE

DRV

TREND

Trend Price

Trend

Date

L1

L2

CP

L3

L4

Accumulate

1908.5

1846.9

UP

1638

23.09

1819

1873

1891

1926

1980








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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