Aluminium (ALIc2)

CME
Currency in USD
2,339.00
-44.00(-1.85%)
Delayed Data·

Aluminium Discussions

us china trade war easing... hope so. Metal prices ll go up
sell big blow 237
tariff up, prices down
I'm using the free version to check SAFc1 and its too delayed. Paid version is updated?
pro badge
At 40$ contango now, fear at its peak !
pro badge
It has dipped to 65$ in the past buy those were the prices which were the best buys, fish in longer term players !
pro badge
*but those*
pro badge
This and most other markets are gonna whiplash
pro badge
Time we remember that post of mine when I mentioned the true value of Aluminium isnt anymore than inflation adjusted value of Jul - Aug 2024 prices. That I believe is a floor. Any lower than that is a once in 5 years accumulation opportunity.
how much aluminium come down in near term.. what's your opinion
pro badge
Another 50-80 points or so
pro badge
But I am near 70% out of shorts and got my buy orders in for the bump this week
pro badge
Still accumulating Alcoa Centx .. Andrew ?
pro badge
Nice place to lighten your shorts next week doesnt have much downside left ..
pro badge
I see a slew of data incoming *next* week that might just give this a short covering rally. Don’t be mistaken, this has entered bear market territory and for good measure. Lower lows ahead
pro badge
I see a slew of data incoming this week that might just give this a short covering rally. Don’t be mistaken, this has entered bear market territory and for good measure. Lower lows ahead
pro badge
*next week*
pro badge
Since last 11 sessions it's closing in red..don't you think it will correct upward technically...
pro badge
Hence the short covering rally next week but overall its entered bearish territory for good. Might wanna re - test the 8month treadline below 2600
pro badge
If closes the week below 2570 then be prepared for another red weekly of same or increased magnitude.
time to buy ALUMINIUM NOW !!!!!!!
pro badge
Cash just hit a contango of 20$ , just might spur some short term buying
pro badge
2650 perhaps before sub 2550. Not one to get trapped long
pro badge
This has slipped into a contango after a long time, time for it to widen to its healthy 20$ + range and then maybe I’ll start buying again
buy transfer in april contract sl 252-53 now
sl will.hit bro plz don't made call when you're not sure like me people who faith on you take hung loss
VIJAY VIJAY sorry yaar ...but its just for mini trading not mega
VIJAY VIJAY buy 8572 an 8220 and sell 15 ok wh ts ok up
pro badge
That being said sub 2500 is a given, the backwardation hitting its usual range of 20$ contango should amplify the fall in spot markets.
pro badge
What ppl get wrong often is trying to get a quick reversal profit up when the markets are in due for a steep correction. Trying to catch the next big move in the same direction takes a phase of correction and then some consolidation. So stop trying to catch falling knives.
holdding buy tightly wait till evening
now hold big buy sl 261 target 266
exit sell buy start near 262-63 sl 259 target 266-67 again
pro badge
Lotta inventory tied to financing deals are gonna be heading into inventory this month end and the next. That and the tariff impact on incoming data leaves a question of where the bottom is rather than the top !
pro badge
Lot of this capital deployment are temporary hedges for EQ. Base metals have almost always mirrored the Dow but tariff panick make it work the other way round. Dow has got more room to fall and base metals will be topping off. When dow is done correcting, base metals metals shall unwind and correct to sub 2500s at the least , you will see more of permanent multi year deployments towards green energy transition there after. That uptrend will hold for a longer time.
sell below 266-68 .
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.