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Future Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

COPPER Nov 2021 (NYMEX:HG.X21)

Countertrend Up (+85) - HG.X21 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.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HG.X21.

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

NYMEX_HG.X21
Open High Low HG.X21 Price Change
4.5150 4.5680 4.5135 4.5630 +0.0610
Entry Signal

MarketClub’s Trade Triangles for HG.X21

long term up The long-term trend has been UP since Oct 14th, 2021 at 4.5665

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 4.3020

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 4.6320

Smart Scan Analysis for HG.X21

Based on our trend formula, HG.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HG.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5150 4.5680 4.5135 4.5630 +0.0610
Prev. Close Volume Bid Ask Time
4.5015 145 2021-10-25 02:03:23
Expiration2021-11-26Open Time08:10
Close Time13:00
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