Report For Date 27/06/2016
LME Aluminum Alloy: Use Rise To Exit Long Position
Aluminum Alloy LME- (Price figures in $/Ton)
Higher range is to exit long to 1540-1555 as the opportunity arises.
Expect lower range of 1525-1510 to be tested.
Weekly Levels For LME Aluminum Alloy
|
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend
Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
|
Distribution
|
1535.00
|
1569.13
|
DOWN
|
1965
|
19.12
|
1510
|
1525
|
1530
|
1540
|
1555
|
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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