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.
MarketClub’s Trade Triangles for ALI.Q22
The long-term trend has been DOWN since Jun 1st, 2022 at 2745
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 2745
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).