Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
COPPER (E-MINI) Nov 2021 (NYMEX:QC.X21)
Bull Market Weakness (+75) - QC.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QC.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QC.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.X21
The long-term trend has been UP since Oct 13th, 2021 at 4.450
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.250
The short-term trend has been UP since Oct 7th, 2021 at 4.198
Smart Scan Analysis for QC.X21
Based on our trend formula, QC.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).