Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

COPPER Dec 2017 (E) (NYMEX:HG.Z17.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.Z17.E
Open High Low HG.Z17.E Price Change
2.9385 2.9665 2.9385 2.9550 +0.0130
Entry Signal

MarketClub’s Trade Triangles for HG.Z17.E

long term up The long term trend has been UP since Jul 17th, 2017 at 2.7405

intermediate term down The intermediate term trend has been DOWN since Nov 30th, 2017 at 3.0315

short term down The short term trend has been DOWN since Nov 27th, 2017 at 3.1305

Smart Scan Analysis for HG.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, HG.Z17.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HG.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9385 2.9665 2.9385 2.9550 +0.0130
Prev. Close Volume Bid Ask Time
2.9530 691 2017-12-08 13:03:47
Contract High3.2595Contract High Date2017-10-16
Contract Low2.01Contract Low Date2016-01-19
Estimated Volume691First Delivery2017-12-29
Expiration2017-12-27Open Time18:00
Close Time17:00
Want to analyze COPPER Dec 2017 (E) HG.Z17.E or another symbol? Try our Free Future Trend Analysis Report.