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Future Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

E-MICRO GOLD Jun 2018 (E) (NYMEX:MGC.M18.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.

NYMEX_MGC.M18.E
Open High Low MGC.M18.E Price Change
1363.3 1363.3 1354.5 1355.9 -5.7
Entry Signal

MarketClub’s Trade Triangles for MGC.M18.E

long term up The long term trend has been UP since Jan 2nd, 2018 at 1319.5

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2018 at 1335.3

short term down The short term trend has been DOWN since Feb 19th, 2018 at 1355.9

Smart Scan Analysis for MGC.M18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.M18.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for MGC.M18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1363.3 1363.3 1354.5 1355.9 -5.7
Prev. Close Volume Bid Ask Time
1356.2 172 2018-02-19 05:44:10
Contract High1375.9Contract High Date2018-01-25
Contract Low1223.7Contract Low Date2017-01-25
Estimated Volume885First 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.