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LME Nickel: Exit Long On The Rise

30 Nov 2015 11:39 am
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Report For Date 30/11/2015

LME Nickel: Exit Long On The Rise Nickel LME- (Price figures in $/Ton) Exit long on rise from 8765-9203 range as the opportunity arises. Expect lower range of 84243-7283 to be tested.

Trend remains down therefore exit long on the rise.
Weekly Level for LME Nickel
STRATEGY CLOSE DRV TREND Trend Price Trend Date L1 L2 CP L3 L4
Distribution 8765 10475 DOWN 16335 12.12 7283 8243 8682 9203 10163
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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