Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
COPPER (E-MINI) Dec 2021 (NYMEX:QC.Z21)
Bull Market Weakness (+75) - QC.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QC.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.Z21
The long-term trend has been UP since Oct 14th, 2021 at 4.570
The intermediate-term trend has been UP since Oct 11th, 2021 at 4.310
The short-term trend has been DOWN since Oct 21st, 2021 at 4.616
Smart Scan Analysis for QC.Z21
Based on our trend formula, QC.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).