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Future Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

PLATINUM Apr 2024 (NYMEX:PL.J24)

Crossroads (-60) - PL.J24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PL.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for PL.J24.

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

NYMEX_PL.J24
Open High Low PL.J24 Price Change
1032.7 1032.7 1018.9 1028.6 +0.9
Entry Signal

MarketClub’s Trade Triangles for PL.J24

long term up The long-term trend has been UP since Mar 20th, 2023 at 947.0

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2023 at 1095.8

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 1042.5

Smart Scan Analysis for PL.J24

Based on our trend formula, PL.J24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PL.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1032.7 1032.7 1018.9 1028.6 +0.9
Prev. Close Volume Bid Ask Time
1031.3 95 2023-06-09 10:30:09
Expiration2024-04-26Open Time18:00
Close Time17:00
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