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Future Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

S&P 500 INDEX UTILITIES SECTOR (E-MINI) Jun 2018 (E) (CME:XAU.M18.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

CME_XAU.M18.E
Open High Low XAU.M18.E Price Change
491.20 497.90 491.20 497.04 -0.06
Entry Signal

MarketClub’s Trade Triangles for XAU.M18.E

long term down The long term trend has been DOWN since Dec 19th, 2017 at 547.4

intermediate term down The intermediate term trend has been DOWN since May 8th, 2018 at 502.3

short term up The short term trend has been UP since Jun 13th, 2018 at 492.5

Smart Scan Analysis for XAU.M18.E

Based on a pre-defined weighted trend formula for chart analysis, XAU.M18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for XAU.M18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
491.20 497.90 491.20 497.04 -0.06
Prev. Close Volume Bid Ask Time
497.04 584 2018-06-15 11:21:45
Contract High522.5Contract High Date2018-04-30
Contract Low484.8Contract Low Date2018-06-07
Estimated Volume584Expiration2018-06-15
Open Time18:00Close Time17:00
Want to analyze S&P 500 INDEX UTILITIES SECTOR (E-MINI) Jun 2018 (E) XAU.M18.E or another symbol? Try our Free Future Trend Analysis Report.