Future Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
COPPER Dec 2018 (E) (NYMEX:HG.Z18.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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.Z18.E
The long term trend has been UP since Dec 26th, 2017 at 3.3035
The intermediate term trend has been UP since Jun 5th, 2018 at 3.1950
The short term trend has been DOWN since Jun 11th, 2018 at 3.2900
Smart Scan Analysis for HG.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, HG.Z18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||3.3605||Contract High Date||2017-12-28|
|Contract Low||2.1975||Contract Low Date||2016-07-12|
|Estimated Volume||17220||First Delivery||2018-12-31|