Future Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
ALUMINUM MW US TRANSACTION PREM Dec 2019 (E) (NYMEX:AUP.Z19.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.Z19.E
The long term trend has been UP since Dec 12th, 2017 at 0.1000
The intermediate term trend has been DOWN since Sep 19th, 2018 at 0.1800
The short term trend has been DOWN since Oct 12th, 2018 at 0.1815
Smart Scan Analysis for AUP.Z19.E
Based on a pre-defined weighted trend formula for chart analysis, AUP.Z19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.18||Contract High Date||2018-09-26|
|Contract Low||0.16||Contract Low Date||2018-04-06|
|Estimated Volume||60||First Delivery||2020-01-14|