Future Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
ALUMINUM MW US TRANSACTION PREM Aug 2019 (E) (NYMEX:AUP.Q19.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AUP.Q19.E
The long term trend has been UP since Dec 12th, 2017 at 0.1000
The intermediate term trend has been UP since Oct 3rd, 2018 at 0.1825
The short term trend has been UP since Oct 3rd, 2018 at 0.1825
Smart Scan Analysis for AUP.Q19.E
Based on a pre-defined weighted trend formula for chart analysis, AUP.Q19.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.1875||Contract High Date||2018-10-10|
|Contract Low||0.181||Contract Low Date||2018-10-12|
|Estimated Volume||100||First Delivery||2019-09-13|