Report For Date 29/06/2015
LME Lead - (Price figures in $/Ton)
Distribution on the rise to 1711-1783 can be undertaken.
Lower range of 1762-1740 is likely to be tested with volatility.
Lower level of 1720 can attract support and recovery can be seen.
Downside momentum continues below 1720.
Weekly Levels For LME Lead
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Distribution
|
1771
|
1921
|
DOWN
|
1962
|
15.05
|
1740
|
1762
|
1774
|
1783
|
1805
|
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