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Future Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

ALUMINUM Aug 2022 (NYMEX:ALI.Q22)

Strong Downtrend (-100) - ALI.Q22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ALI.Q22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ALI.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.Q22.

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

NYMEX_ALI.Q22
Open High Low ALI.Q22 Price Change
2351.0 2351.0 2351.0 2351.0 +24.5
Entry Signal

MarketClub’s Trade Triangles for ALI.Q22

long term down The long-term trend has been DOWN since Jun 1st, 2022 at 2745

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2022 at 2745

short term down The short-term trend has been DOWN since Jun 10th, 2022 at 2733

Smart Scan Analysis for ALI.Q22

Based on our trend formula, ALI.Q22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ALI.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2351.0 2351.0 2351.0 2351.0 +24.5
Prev. Close Volume Bid Ask Time
2326.5 1 2022-07-06 05:30:20
Expiration2022-08-29Open Time08:01
Close Time12:00
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