Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
ALUMINUM Feb 2024 (NYMEX:ALI.G24)
Strong Downtrend (-100) - ALI.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALI.G24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ALI.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.G24
The long-term trend has been DOWN since Dec 1st, 2023 at 2182.50
The intermediate-term trend has been DOWN since Nov 17th, 2023 at 2190.75
The short-term trend has been DOWN since Nov 27th, 2023 at 2207.00
Smart Scan Analysis for ALI.G24
Based on our trend formula, ALI.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).