Future Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
COPPER (E-MINI) Jul 2019 (NYMEX:QC.N19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for QC.N19
The long term trend has been DOWN since May 1st, 2019 at 2.864
The intermediate term trend has been UP since Jun 18th, 2019 at 2.712
The short term trend has been UP since Jun 18th, 2019 at 2.664
Smart Scan Analysis for QC.N19
Based on a pre-defined weighted trend formula for chart analysis, QC.N19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).