Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, March 26, 2017.

COPPER May 2017 (E) (NYMEX:HG.K17.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_HG.K17.E
Open High Low HG.K17.E Price Change
2.6510 2.6525 2.6170 2.6310 -0.0035
Entry Signal

MarketClub’s Trade Triangles for HG.K17.E

long term up The long term trend has been UP since Nov 4th, 2016 at 2.2705

intermediate term down The intermediate term trend has been DOWN since Mar 6th, 2017 at 2.6530

short term down The short term trend has been DOWN since Mar 20th, 2017 at 2.6580

Smart Scan Analysis for HG.K17.E

Based on a pre-defined weighted trend formula for chart analysis, HG.K17.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HG.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6510 2.6525 2.6170 2.6310 -0.0035
Prev. Close Volume Bid Ask Time
2.6395 47886 2017-03-24 13:11:39
Contract High2.836Contract High Date2017-02-12
Contract Low1.9745Contract Low Date2016-01-15
Estimated Volume27251First Delivery2017-05-31
Expiration2017-05-26Open Time18:00
Close Time17:00
Want to analyze COPPER May 2017 (E) HG.K17.E or another symbol? Try our Free Future Trend Analysis Report.