Report For Date 13/02/2017
LME Lead: Accumulate On Declines
LME Lead - (Price figures in $/Ton)
Accumulate at 2379-2352 as the opportunity arises.
Resistance will be at 2433-2513.
The recent peak was at 2466 and till the same is not crossed objective remains to exit long and take profits.
Lower range can be used for accumulation.
Weekly Levels For LME Lead
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
2406.00
|
2080.28
|
UP
|
2221
|
13.01
|
2272
|
2352
|
2379
|
2433
|
2513
|
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.