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Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
COPPER (E-MINI) Dec 2023 (NYMEX:QC.Z23)
Sidelines Mode (+55) - QC.Z23 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 QC.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.Z23.
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.Z23
The long-term trend has been DOWN since Sep 25th, 2023 at 3.680
The intermediate-term trend has been UP since Nov 1st, 2023 at 3.672
The short-term trend has been DOWN since Nov 28th, 2023 at 3.752
Smart Scan Analysis for QC.Z23
Based on our trend formula, QC.Z23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.764 | 3.818 | 3.740 | 3.800 | +0.064 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.818 | 36 | 2023-11-28 17:28:49 |
| Expiration | 2023-11-28 | Open Time | 18:00 |
| Close Time | 17:00 |