Future Trend Analysis Report
Prepared for you on Saturday, June 24, 2017.
COPPER Jul 2017 (E) (NYMEX:HG.N17.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for HG.N17.E
The long term trend has been DOWN since May 4th, 2017 at 2.5085
The intermediate term trend has been UP since Jun 9th, 2017 at 2.6195
The short term trend has been UP since Jun 22nd, 2017 at 2.6090
Smart Scan Analysis for HG.N17.E
Based on a pre-defined weighted trend formula for chart analysis, HG.N17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.84||Contract High Date||2017-02-12|
|Contract Low||1.9855||Contract Low Date||2016-01-15|
|Estimated Volume||46164||First Delivery||2017-07-31|