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Future Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

COPPER Nov 2021 (NYMEX:HG.X21)

Sidelines Mode (+55) - HG.X21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HG.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.X21.

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

NYMEX_HG.X21
Open High Low HG.X21 Price Change
4.4975 4.4975 4.3655 4.3775 -0.1125
Entry Signal

MarketClub’s Trade Triangles for HG.X21

long term up The long-term trend has been UP since Oct 14th, 2021 at 4.5665

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 4.3020

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 4.6320

Smart Scan Analysis for HG.X21

Based on our trend formula, HG.X21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HG.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4975 4.4975 4.3655 4.3775 -0.1125
Prev. Close Volume Bid Ask Time
4.4900 670 2021-10-27 15:19:03
Expiration2021-11-26Open Time18:00
Close Time17:00
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