Future Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
COPPER (E-MINI) Sep 2023 (NYMEX:QC.U23)
Bear Market Rally (-75) - QC.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QC.U23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QC.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.U23
The long-term trend has been DOWN since May 3rd, 2023 at 3.882
The intermediate-term trend has been DOWN since Apr 25th, 2023 at 3.968
The short-term trend has been UP since Jun 1st, 2023 at 3.706
Smart Scan Analysis for QC.U23
Based on our trend formula, QC.U23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).