Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

ALUMINUM Dec 2021 (NYMEX:ALI.Z21)

Sidelines Mode (+55) - ALI.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.Z21.

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

NYMEX_ALI.Z21
Open High Low ALI.Z21 Price Change
3087.50 3098.25 2919.00 2919.00 -204.50
Entry Signal

MarketClub’s Trade Triangles for ALI.Z21

long term up The long-term trend has been UP since Jul 30th, 2021 at 2523.25

intermediate term up The intermediate-term trend has been UP since Jul 30th, 2021 at 2523.25

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 3138.00

Smart Scan Analysis for ALI.Z21

Based on our trend formula, ALI.Z21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ALI.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3087.50 3098.25 2919.00 2919.00 -204.50
Prev. Close Volume Bid Ask Time
3123.50 63 2021-10-21 13:39:52
Expiration2021-12-29Open Time08:01
Close Time12:00
Get a free daily analysis and signals for ALUMINUM Dec 2021 (ALI.Z21) - Request Your Free Report.