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Spread Trend Analysis Report

Prepared for you on Tuesday, June 18, 2019.

COPPER Jul 2020/Sep 2020 Spread (NYMEX:HG.N20_U20)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HG.N20_U20
Open High Low HG.N20_U20 Price Change
-0.0080 -0.0065 -0.0080 -0.0080 -0.0005
Entry Signal

MarketClub’s Trade Triangles for HG.N20_U20

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for HG.N20_U20

Based on a pre-defined weighted trend formula for chart analysis, HG.N20_U20 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for HG.N20_U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0080 -0.0065 -0.0080 -0.0080 -0.0005
Prev. Close Volume Bid Ask Time
-0.008 40 2019-06-18 13:42:32
Open Time18:00Close Time17:00
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