Report For Date 08/08/2016
LME Aluminum - (Price figures in $/Ton)
Accumulate at 1628-1614-1585 as the opportunity arises.
Expect higher range of 1644-1673 to be tested.
INTRA-Week LEVELS FOR Aluminum LME
STRATEGY
|
CLOSE
|
DRV
|
TREND
|
Trend Price
|
Trend
Date
|
L1
|
L2
|
CP
|
L3
|
L4
|
Accumulate
|
1628.00
|
1594.70
|
UP
|
1584
|
10.06
|
1585
|
1614
|
1630
|
1644
|
1673
|
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.