Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
COPPER (E-MINI) Mar 2019 (NYMEX:QC.H19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 QC.H19
The long term trend has been DOWN since Jun 28th, 2018 at 3.048
The intermediate term trend has been DOWN since Dec 14th, 2018 at 2.734
The short term trend has been UP since Jan 16th, 2019 at 2.652
Smart Scan Analysis for QC.H19
Based on a pre-defined weighted trend formula for chart analysis, QC.H19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).