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Future Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

COPPER May 2022 (NYMEX:HG.K22)

Countertrend Up (+85) - HG.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HG.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.K22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HG.K22
Open High Low HG.K22 Price Change
4.4955 4.5495 4.4075 4.4490 -0.0350
Entry Signal

MarketClub’s Trade Triangles for HG.K22

long term up The long-term trend has been UP since Oct 14th, 2021 at 4.539

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 4.277

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 4.565

Smart Scan Analysis for HG.K22

Based on our trend formula, HG.K22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HG.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4955 4.5495 4.4075 4.4490 -0.0350
Prev. Close Volume Bid Ask Time
4.4565 1276 2021-10-22 16:29:30
Expiration2022-05-26Open Time18:00
Close Time17:00
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