Future Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
ALUMINUM Oct 2020 (NYMEX:ALI.V20)
Countertrend Up (+85) - ALI.V20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ALI.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.V20
The long-term trend has been UP since Jun 5th, 2020 at 1569.00
The intermediate-term trend has been UP since Jun 5th, 2020 at 1569.00
The short-term trend has been UP since Sep 1st, 2020 at 1787.25
Smart Scan Analysis for ALI.V20
Based on our trend formula, ALI.V20 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).