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Future Trend Analysis Report

Prepared for you on Monday, February 6, 2023.

COPPER (E-MINI) Feb 2023 (NYMEX:QC.G23)

Countertrend Up (+85) - QC.G23 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 QC.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QC.G23.

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

NYMEX_QC.G23
Open High Low QC.G23 Price Change
4.270 4.270 4.270 4.266 +0.054
Entry Signal

MarketClub’s Trade Triangles for QC.G23

long term up The long-term trend has been UP since Nov 30th, 2022 at 3.734

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2022 at 3.734

short term up The short-term trend has been UP since Dec 21st, 2022 at 3.834

Smart Scan Analysis for QC.G23

Based on our trend formula, QC.G23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QC.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.270 4.270 4.270 4.266 +0.054
Prev. Close Volume Bid Ask Time
4.270 2 2023-01-26 17:28:40
Expiration2023-01-27Open Time18:00
Close Time17:00
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