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Future Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

COPPER Oct 2019 (NYMEX:HG.V19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.V19
Open High Low HG.V19 Price Change
2.6020 2.6020 2.6020 2.6020 +0.0005
Entry Signal

MarketClub’s Trade Triangles for HG.V19

long term down The long term trend has been DOWN since May 8th, 2019 at 2.7870

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 2.6185

short term up The short term trend has been UP since Aug 8th, 2019 at 2.5840

Smart Scan Analysis for HG.V19

Based on a pre-defined weighted trend formula for chart analysis, HG.V19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for HG.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6020 2.6020 2.6020 2.6020 +0.0005
Prev. Close Volume Bid Ask Time
2.7055 1 2019-08-19 18:01:10
First Delivery2019-10-31Expiration2019-10-29
Open Time18:00Close Time17:00
Want to analyze COPPER Oct 2019 HG.V19 or another symbol? Try our Free Future Trend Analysis Report.