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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

COPPER Sep 2022 (NYMEX:HG.U22)

Strong Downtrend (-100) - HG.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HG.U22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HG.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.U22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HG.U22
Open High Low HG.U22 Price Change
3.7720 3.7950 3.6745 3.6880 -0.0840
Entry Signal

MarketClub’s Trade Triangles for HG.U22

long term down The long-term trend has been DOWN since May 2nd, 2022 at 4.3035

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 4.2455

short term down The short-term trend has been DOWN since Jun 6th, 2022 at 4.4205

Smart Scan Analysis for HG.U22

Based on our trend formula, HG.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HG.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7720 3.7950 3.6745 3.6880 -0.0840
Prev. Close Volume Bid Ask Time
3.7720 53488 2022-06-30 16:00:04
Expiration2022-09-28Open Time18:00
Close Time17:00
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