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Future Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

S&P 500 INDEX UTILITIES SECTOR (E-MINI) Dec 2017 (E) (CME:XAU.Z17.E)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.Z17.E
Open High Low XAU.Z17.E Price Change
545.2 546.6 543.7 544.2 -2.4
Entry Signal

MarketClub’s Trade Triangles for XAU.Z17.E

long term up The long term trend has been UP since Aug 15th, 2017 at 542.9

intermediate term down The intermediate term trend has been DOWN since Sep 12th, 2017 at 546.5

short term down The short term trend has been DOWN since Oct 16th, 2017 at 543.2

Smart Scan Analysis for XAU.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, XAU.Z17.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for XAU.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
545.2 546.6 543.7 544.2 -2.4
Prev. Close Volume Bid Ask Time
546.5 368 2017-10-18 11:56:32
Contract High558.7Contract High Date2017-09-11
Contract Low529.1Contract Low Date2017-09-28
Estimated Volume128Expiration2017-12-15
Open Time18:00Close Time17:00
Want to analyze S&P 500 INDEX UTILITIES SECTOR (E-MINI) Dec 2017 (E) XAU.Z17.E or another symbol? Try our Free Future Trend Analysis Report.