Future Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
COPPER (E-MINI) Dec 2022 (NYMEX:QC.Z22)
Long-Term Downtrend (-90) - QC.Z22 is in a strong downtrend that is likely to continue. While QC.Z22 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.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QC.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QC.Z22
The long-term trend has been DOWN since May 4th, 2022 at 4.448
The intermediate-term trend has been DOWN since Aug 30th, 2022 at 3.564
The short-term trend has been DOWN since Sep 21st, 2022 at 3.490
Smart Scan Analysis for QC.Z22
Based on our trend formula, QC.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).