Report For Date 23/11/2015
LME TIN - (Price figures in $/Ton)
Exit long as distribution has been witnessed.
Trend remains down after minor pullback.
Exit long on rise from 14747-14893 as the opportunity arises.
Expect 14648-14403 to be tested.
WEEK LEVELS FOR LME TIN
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
14795
|
15802
|
DOWN
|
15025
|
30.10
|
14403
|
14648
|
14747
|
14893
|
15138
|
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.