Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

COPPER May 2019 (NYMEX:HG.K19)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.K19
Open High Low HG.K19 Price Change
2.9105 2.9150 2.8395 2.8485 -0.0575
Entry Signal

MarketClub’s Trade Triangles for HG.K19

long term up The long term trend has been UP since Feb 19th, 2019 at 2.8610

intermediate term down The intermediate term trend has been DOWN since Mar 22nd, 2019 at 2.8745

short term down The short term trend has been DOWN since Mar 21st, 2019 at 2.9080

Smart Scan Analysis for HG.K19

Based on a pre-defined weighted trend formula for chart analysis, HG.K19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HG.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9105 2.9150 2.8395 2.8485 -0.0575
Prev. Close Volume Bid Ask Time
2.8195 100267 2019-03-22 16:59:56
First Delivery2019-05-31Expiration2019-05-29
Open Time18:00Close Time17:00
Want to analyze COPPER May 2019 HG.K19 or another symbol? Try our Free Future Trend Analysis Report.