Report For Date 16/01/2017
LME Aluminum Alloy: Accumulate On Decline
Aluminum Alloy LME- (Price figures in $/Ton)
Accumulate at 1595-1565 as the opportunity arises.
Expect higher range of 1610-1655 to be tested.
Weekly Levels For LME Aluminum Alloy
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
1595.00
|
1562.76
|
UP
|
1595
|
13.01
|
1520
|
1565
|
1580
|
1610
|
1655
|
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.