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Future Trend Analysis Report

Prepared for you on Thursday, October 6, 2022.

ALUMINUM Nov 2022 (NYMEX:ALI.X22)

Bull Market Weakness (+75) - ALI.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ALI.X22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ALI.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.X22.

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

NYMEX_ALI.X22
Open High Low ALI.X22 Price Change
2379.75 2392.25 2377.75 2363.75 +13.00
Entry Signal

MarketClub’s Trade Triangles for ALI.X22

long term down The long-term trend has been DOWN since Aug 15th, 2022 at 2398.00

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2022 at 2355.75

short term up The short-term trend has been UP since Sep 29th, 2022 at 2251.25

Smart Scan Analysis for ALI.X22

Based on our trend formula, ALI.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ALI.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2379.75 2392.25 2377.75 2363.75 +13.00
Prev. Close Volume Bid Ask Time
2367.00 399 2022-10-06 11:20:43
Expiration2022-11-28Open Time08:01
Close Time12:00
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