Report For Date 17/07/2017
LME Aluminum: Accumulate
LME Aluminum - (Price figures in $/Ton)
Accumulate at 1898-1883 as the opportunity arises.
Resistance will be at 1920-1957.
Further rally can continue on breakout and close above 1963.
INTRA-Week LEVELS FOR Aluminum LME
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
1904.00
|
1848.70
|
UP
|
1638
|
23.09
|
1846
|
1883
|
1898
|
1920
|
1957
|
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.