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Future Trend Analysis Report

Prepared for you on Friday, July 10, 2020.

ALUMINUM Oct 2020 (NYMEX:ALI.V20)

Countertrend Up (+85) - ALI.V20 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.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.V20.

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

NYMEX_ALI.V20
Open High Low ALI.V20 Price Change
1645.0 1651.0 1645.0 1651.0 +16.5
Entry Signal

MarketClub’s Trade Triangles for ALI.V20

long term up The long-term trend has been UP since Jun 5th, 2020 at 1569

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2020 at 1569

short term up The short-term trend has been UP since Jun 8th, 2020 at 1606

Smart Scan Analysis for ALI.V20

Based on our trend formula, ALI.V20 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ALI.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1645.0 1651.0 1645.0 1651.0 +16.5
Prev. Close Volume Bid Ask Time
1645.0 27 2020-07-01 09:36:54
Expiration2020-10-28Open Time18:00
Close Time17:00
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