LME Lead: Rise Is For Distribution

Report For Date 29/06/2015

LME Lead - (Price figures in $/Ton)

Distribution on the rise to 1711-1783 can be undertaken.

Lower range of 1762-1740 is likely to be tested with volatility.

Lower level of 1720 can attract support and recovery can be seen.

Downside momentum continues below 1720.

Weekly Levels For LME Lead

STRATEGY	CLOSE	DRV	TREND	Trend Price	Trend Date	L1	L2	CP	L3	L4
Distribution	1771	1921	DOWN	1962	15.05	1740	1762	1774	1783	1805

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