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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

ALUMINUM Dec 2022 (NYMEX:ALI.Z22)

Sidelines Mode (+55) - ALI.Z22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ALI.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ALI.Z22.

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

NYMEX_ALI.Z22
Open High Low ALI.Z22 Price Change
2432.00 2432.00 2392.50 2416.25 -34.50
Entry Signal

MarketClub’s Trade Triangles for ALI.Z22

long term up The long-term trend has been UP since Aug 12th, 2022 at 2463.75

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2022 at 2463.75

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 2418.00

Smart Scan Analysis for ALI.Z22

Based on our trend formula, ALI.Z22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ALI.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2432.00 2432.00 2392.50 2416.25 -34.50
Prev. Close Volume Bid Ask Time
2405.00 254 2022-08-15 07:38:23
Expiration2022-12-28Open Time08:01
Close Time12:00
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