Future Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
ALUMINUM Jul 2021 (NYMEX:ALI.N21)
Bull Market Weakness (+75) - ALI.N21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALI.N21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ALI.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ALI.N21
The long-term trend has been UP since Mar 16th, 2021 at 2203.25
The intermediate-term trend has been UP since Apr 21st, 2021 at 2382.00
The short-term trend has been DOWN since May 12th, 2021 at 2540.00
Smart Scan Analysis for ALI.N21
Based on our trend formula, ALI.N21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).