Future Trend Analysis Report
Prepared for you on Saturday, September 25, 2021.
COPPER (E-MINI) Oct 2021 (NYMEX:QC.V21)
Long-Term Downtrend (-90) - QC.V21 is in a strong downtrend that is likely to continue. While QC.V21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QC.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.V21
The long-term trend has been DOWN since Aug 18th, 2021 at 4.156
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 4.200
The short-term trend has been DOWN since Sep 16th, 2021 at 4.300
Smart Scan Analysis for QC.V21
Based on our trend formula, QC.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).