Report For Date 07/08/2017
Nickel LME- (Price figures in $/Ton)
Accumulate at 10275-10215 as the opportunity arises.
Expect higher range of 10395-10575.
Lower top of 11735 could be tested in near term.
Weekly Level for LME Nickel
|
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
Accumulate
|
10335.00
|
9649.21
|
UP
|
9560
|
21.07
|
10035
|
10215
|
10275
|
10395
|
10575
|
Weekly Chart
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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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