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LME Aluminum: Lower Range Is For Accumulation

20 Jun 2016 6:52 pm
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Report For Date 20/06/2016

LME Aluminum: Lower Range Is For Accumulation LME Aluminum - (Price figures in $/Ton) Lower range of 1585-1553 can be used for accumulate at lower range may attract support. Higher range for the week can be 1599-1617.
INTRA-Week LEVELS FOR Aluminum LME

STRATEGY CLOSE DRV TREND Trend Price Trend Date L1 L2 CP L3 L4
Accumulate Hold Long 1602.50 1572.36 UP 1584 10.06 1553 1585 1599 1617




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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