Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
COPPER (E-MINI) Jun 2021 (NYMEX:QC.M21)
Sidelines Mode (+50) - QC.M21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QC.M21 can gain momentum.
Is it time to buy, sell, or avoid QC.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.M21
The long-term trend has been DOWN since Feb 25th, 2021 at 4.160
The intermediate-term trend has been UP since Apr 6th, 2021 at 4.106
The short-term trend has been UP since Apr 15th, 2021 at 4.122
Smart Scan Analysis for QC.M21
Based on our trend formula, QC.M21 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).