Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
COPPER (E-MINI) Sep 2022 (NYMEX:QC.U22)
Crossroads (+60) - QC.U22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QC.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.U22
The long-term trend has been DOWN since Apr 28th, 2022 at 4.700
The intermediate-term trend has been UP since Aug 9th, 2022 at 3.594
The short-term trend has been UP since Aug 18th, 2022 at 3.638
Smart Scan Analysis for QC.U22
Based on our trend formula, QC.U22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).