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Future Trend Analysis Report
Prepared for you on Saturday, June 3, 2023.
COPPER (E-MINI) Jun 2023 (NYMEX:QC.M23)
Bear Market Rally (-75) - QC.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QC.M23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QC.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QC.M23
The long-term trend has been DOWN since Apr 25th, 2023 at 3.880
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 3.938
The short-term trend has been UP since May 26th, 2023 at 3.660
Smart Scan Analysis for QC.M23
Based on our trend formula, QC.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.6680 | 3.6680 | 3.6580 | 3.6755 | +0.0560 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.6580 | 15 | 2023-05-26 10:50:39 |
| Expiration | 2023-05-26 | Open Time | 18:00 |
| Close Time | 17:00 |