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Future Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

COPPER Jun 2021 (NYMEX:HG.M21)

Long-Term Uptrend (+90) - HG.M21 is in a strong uptrend that is likely to continue. While HG.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HG.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.M21.

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

NYMEX_HG.M21
Open High Low HG.M21 Price Change
4.7995 4.8295 4.7810 4.7990 -0.0070
Entry Signal

MarketClub’s Trade Triangles for HG.M21

long term up The long-term trend has been UP since Jun 3rd, 2020 at 2.5075

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 4.1580

short term up The short-term trend has been UP since Apr 14th, 2021 at 4.0620

Smart Scan Analysis for HG.M21

Based on our trend formula, HG.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HG.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7995 4.8295 4.7810 4.7990 -0.0070
Prev. Close Volume Bid Ask Time
4.8060 179 2021-05-12 04:55:16
Expiration2021-06-28Open Time18:00
Close Time17:00
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