Future Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
ALUMINUM Apr 2023 (NYMEX:ALI.J23)
Sidelines Mode (-55) - ALI.J23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ALI.J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.J23
The long-term trend has been DOWN since Mar 13th, 2023 at 2282.5
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 2573.5
The short-term trend has been UP since Mar 24th, 2023 at 2259.5
Smart Scan Analysis for ALI.J23
Based on our trend formula, ALI.J23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).