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Future Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

COPPER Dec 2018 (E) (NYMEX:HG.Z18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Z18.E
Open High Low HG.Z18.E Price Change
2.6810 2.7000 2.6755 2.6795 -0.0050
Entry Signal

MarketClub’s Trade Triangles for HG.Z18.E

long term down The long term trend has been DOWN since Jun 28th, 2018 at 3.000

intermediate term down The intermediate term trend has been DOWN since Oct 26th, 2018 at 2.713

short term down The short term trend has been DOWN since Nov 7th, 2018 at 2.731

Smart Scan Analysis for HG.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, HG.Z18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HG.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6810 2.7000 2.6755 2.6795 -0.0050
Prev. Close Volume Bid Ask Time
2.6785 56729 2018-11-12 12:24:29
Contract High3.3605Contract High Date2017-12-28
Contract Low2.1975Contract Low Date2016-07-12
Estimated Volume86260First Delivery2018-12-31
Expiration2018-12-27Open Time18:00
Close Time17:00
Want to analyze COPPER Dec 2018 (E) HG.Z18.E or another symbol? Try our Free Future Trend Analysis Report.