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Future Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

ALUMINUM Dec 2019 (NYMEX:ALI.Z19)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_ALI.Z19
Open High Low ALI.Z19 Price Change
1754.5 1754.5 1754.5 1754.5 -0.5
Entry Signal

MarketClub’s Trade Triangles for ALI.Z19

long term down The long term trend has been DOWN since Aug 6th, 2019 at 1877.75

intermediate term down The intermediate term trend has been DOWN since Sep 23rd, 2019 at 1795.50

short term up The short term trend has been UP since Oct 17th, 2019 at 1733.00

Smart Scan Analysis for ALI.Z19

Based on a pre-defined weighted trend formula for chart analysis, ALI.Z19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ALI.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1754.5 1754.5 1754.5 1754.5 -0.5
Prev. Close Volume Bid Ask Time
1735.0 20 2019-10-21 10:33:54
Expiration2019-12-27Open Time08:01
Close Time12:00
Want to analyze ALUMINUM Dec 2019 ALI.Z19 or another symbol? Try our Free Future Trend Analysis Report.