Report For Date 29/06/2015
Aluminum Alloy LME- (Price figures in $/Ton)
Cover short position as support cluster can be seen around 1780-1772-1747.
Expect rise towards 1797-1822 during the week.
Trend is still down but support cluster of earlier bottoms are currently holding the further slide.
Therefore, recovery to higher range could be witnessed.
Weekly Levels For LME Aluminum Alloy
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
1780
|
1840
|
DOWN
|
1965
|
19.12
|
1747
|
1772
|
1788
|
1797
|
1822
|
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