Future Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
COPPER May 2017 (E) (NYMEX:HG.K17.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for HG.K17.E
The long term trend has been UP since Nov 4th, 2016 at 2.2705
The intermediate term trend has been DOWN since Apr 12th, 2017 at 2.5665
The short term trend has been UP since Apr 23rd, 2017 at 2.5660
Smart Scan Analysis for HG.K17.E
Based on a pre-defined weighted trend formula for chart analysis, HG.K17.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.836||Contract High Date||2017-02-12|
|Contract Low||1.9745||Contract Low Date||2016-01-15|
|Estimated Volume||67984||First Delivery||2017-05-31|