Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

COPPER Aug 2019 (NYMEX:HG.Q19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Q19
Open High Low HG.Q19 Price Change
2.5750 2.5750 2.5730 2.5730 -0.0085
Entry Signal

MarketClub’s Trade Triangles for HG.Q19

long term down The long term trend has been DOWN since May 6th, 2019 at 2.7730

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 2.6125

short term down The short term trend has been DOWN since Aug 15th, 2019 at 2.5850

Smart Scan Analysis for HG.Q19

Based on a pre-defined weighted trend formula for chart analysis, HG.Q19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HG.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5750 2.5750 2.5730 2.5730 -0.0085
Prev. Close Volume Bid Ask Time
2.7005 144 2019-08-22 09:33:42
First Delivery2019-08-30Expiration2019-08-28
Open Time18:00Close Time17:00
Want to analyze COPPER Aug 2019 HG.Q19 or another symbol? Try our Free Future Trend Analysis Report.