Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

COPPER Dec 2019 (E) (NYMEX:HG.Z19.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NYMEX_HG.Z19.E
Open High Low HG.Z19.E Price Change
2.7910 2.7990 2.7910 2.7955 -0.0080
Entry Signal

MarketClub’s Trade Triangles for HG.Z19.E

long term down The long term trend has been DOWN since Jun 27th, 2018 at 3.0875

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 2.7930

short term up The short term trend has been UP since Nov 28th, 2018 at 2.8145

Smart Scan Analysis for HG.Z19.E

Based on a pre-defined weighted trend formula for chart analysis, HG.Z19.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for HG.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7910 2.7990 2.7910 2.7955 -0.0080
Prev. Close Volume Bid Ask Time
2.8005 144 2018-11-30 13:34:08
Contract High3.37Contract High Date2018-06-08
Contract Low2.25Contract Low Date2016-08-04
Estimated Volume215First Delivery2019-12-31
Expiration2019-12-27Open Time08:10
Close Time13:00
Want to analyze COPPER Dec 2019 (E) HG.Z19.E or another symbol? Try our Free Future Trend Analysis Report.