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Future Trend Analysis Report

Prepared for you on Wednesday, April 21, 2021.

ALUMINUM May 2021 (NYMEX:ALI.K21)

Countertrend Up (+85) - ALI.K21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ALI.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.K21.

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

NYMEX_ALI.K21
Open High Low ALI.K21 Price Change
2304.75 2304.75 2304.75 2385.50 +29.25
Entry Signal

MarketClub’s Trade Triangles for ALI.K21

long term up The long-term trend has been UP since Feb 17th, 2021 at 2099.25

intermediate term up The intermediate-term trend has been UP since Feb 17th, 2021 at 2099.25

short term up The short-term trend has been UP since Mar 11th, 2021 at 2207.00

Smart Scan Analysis for ALI.K21

Based on our trend formula, ALI.K21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ALI.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2304.75 2304.75 2304.75 2385.50 +29.25
Prev. Close Volume Bid Ask Time
2336.00 1 2021-04-13 10:59:02
Expiration2021-05-26Open Time08:01
Close Time12:00
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