Future Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
COPPER (E-MINI) Nov 2022 (NYMEX:QC.X22)
Long-Term Downtrend (-90) - QC.X22 is in a strong downtrend that is likely to continue. While QC.X22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QC.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.X22
The long-term trend has been DOWN since Aug 31st, 2022 at 3.606
The intermediate-term trend has been DOWN since Aug 31st, 2022 at 3.606
The short-term trend has been DOWN since Aug 29th, 2022 at 3.648
Smart Scan Analysis for QC.X22
Based on our trend formula, QC.X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).