Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
ALUMINUM Nov 2021 (NYMEX:ALI.X21)
Strong Uptrend (+100) - ALI.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ALI.X21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ALI.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.X21
The long-term trend has been UP since Jun 29th, 2021 at 2393.00
The intermediate-term trend has been UP since Aug 24th, 2021 at 2647.00
The short-term trend has been UP since Oct 7th, 2021 at 2969.75
Smart Scan Analysis for ALI.X21
Based on our trend formula, ALI.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).