Report For Date 31/07/2017
LME Aluminum - (Price figures in $/Ton)
Accumulate at 1880-1847 as the opportunity arises.
Resistance will be at 1913-1946.
Further rally can continue on breakout and close above 1963.
Deeper correction can resume on fall and close below 1847.
INTRA-Week LEVELS FOR Aluminum LME
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
1892.00
|
1853.14
|
UP
|
1638
|
23.09
|
1847
|
1880
|
1902
|
1913
|
1946
|
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