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Future Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

E-MICRO GOLD Jun 2018 (E) (NYMEX:MGC.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.

NYMEX_MGC.M18.E
Open High Low MGC.M18.E Price Change
1293.4 1295.6 1292.5 1293.5 +3.9
Entry Signal

MarketClub’s Trade Triangles for MGC.M18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1309.4

intermediate term down The intermediate term trend has been DOWN since Apr 25th, 2018 at 1322.7

short term up The short term trend has been UP since May 22nd, 2018 at 1292.3

Smart Scan Analysis for MGC.M18.E

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

-85
Smart Scan Analysis for MGC.M18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1293.4 1295.6 1292.5 1293.5 +3.9
Prev. Close Volume Bid Ask Time
1293.1 909 2018-05-24 01:59:32
Contract High1375.9Contract High Date2018-01-25
Contract Low1223.7Contract Low Date2017-01-25
Estimated Volume4426First Delivery2018-06-29
Expiration2018-06-27Open Time18:00
Close Time17:00
Want to analyze E-MICRO GOLD Jun 2018 (E) MGC.M18.E or another symbol? Try our Free Future Trend Analysis Report.