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LME Aluminum Alloy: Expect Higher Range To Be Tested

18 Oct 2016 11:48 am
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Report For Date 17/10/2016

Aluminum Alloy LME- (Price figures in $/Ton)

Accumulate at 1575-1558 as the opportunity arises.


Expect higher range of 1578-1588 to be tested.


Weekly Levels For LME Aluminum Alloy

STRATEGY

CLOSE

DRV

TREND

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Accumulate

1575.00

1565.59

UP

1590

19.08

1558

1568

1572

1578

1588




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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