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Future Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

ALUMINUM Oct 2022 (NYMEX:ALI.V22)

Bear Market Rally (-75) - ALI.V22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ALI.V22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ALI.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.V22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_ALI.V22
Open High Low ALI.V22 Price Change
2405.50 2405.50 2405.50 2411.75 -24.25
Entry Signal

MarketClub’s Trade Triangles for ALI.V22

long term down The long-term trend has been DOWN since Jun 8th, 2022 at 3055.75

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 2480.75

short term down The short-term trend has been DOWN since Aug 12th, 2022 at 2449.25

Smart Scan Analysis for ALI.V22

Based on our trend formula, ALI.V22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ALI.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2405.50 2405.50 2405.50 2411.75 -24.25
Prev. Close Volume Bid Ask Time
2417.50 4 2022-08-16 12:48:39
Expiration2022-10-27Open Time18:00
Close Time17:00
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