Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

COPPER Aug 2019 (E) (NYMEX:HG.Q19.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.

Open High Low HG.Q19.E Price Change
2.8335 2.8335 2.8335 2.8245 +0.0285
Entry Signal

MarketClub’s Trade Triangles for HG.Q19.E

long term down The long term trend has been DOWN since Jun 28th, 2018 at 3.0735

intermediate term up The intermediate term trend has been UP since Sep 21st, 2018 at 2.8100

short term up The short term trend has been UP since Oct 19th, 2018 at 2.8295

Smart Scan Analysis for HG.Q19.E

Based on a pre-defined weighted trend formula for chart analysis, HG.Q19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HG.Q19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8335 2.8335 2.8335 2.8245 +0.0285
Prev. Close Volume Bid Ask Time
2.7960 1 2018-10-19 08:18:05
Contract High3.346Contract High Date2018-06-07
Contract Low2.659Contract Low Date2018-08-15
Estimated Volume3First Delivery2019-08-30
Expiration2019-08-28Open Time08:10
Close Time13:00
Want to analyze COPPER Aug 2019 (E) HG.Q19.E or another symbol? Try our Free Future Trend Analysis Report.