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Future Trend Analysis Report

Prepared for you on Tuesday, September 27, 2022.

ALUMINUM Oct 2022 (NYMEX:ALI.V22)

Long-Term Downtrend (-90) - ALI.V22 is in a strong downtrend that is likely to continue. While ALI.V22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ALI.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.V22.

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

NYMEX_ALI.V22
Open High Low ALI.V22 Price Change
2177.50 2240.00 2177.50 2129.25 +15.50
Entry Signal

MarketClub’s Trade Triangles for ALI.V22

long term down The long-term trend has been DOWN since Jun 8th, 2022 at 3055.75

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2022 at 2388.00

short term down The short-term trend has been DOWN since Sep 23rd, 2022 at 2231.75

Smart Scan Analysis for ALI.V22

Based on our trend formula, ALI.V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ALI.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2177.50 2240.00 2177.50 2129.25 +15.50
Prev. Close Volume Bid Ask Time
2161.50 25 2022-09-23 09:18:48
Expiration2022-10-27Open Time18:00
Close Time17:00
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