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Future Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

E-MICRO GOLD Dec 2018 (E) (NYMEX:MGC.Z18.E)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Z18.E
Open High Low MGC.Z18.E Price Change
1233.6 1236.4 1233.5 1234.7 -2.1
Entry Signal

MarketClub’s Trade Triangles for MGC.Z18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1328.4

intermediate term up The intermediate term trend has been UP since Oct 11th, 2018 at 1215.7

short term up The short term trend has been UP since Oct 11th, 2018 at 1208.0

Smart Scan Analysis for MGC.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.Z18.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MGC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1233.6 1236.4 1233.5 1234.7 -2.1
Prev. Close Volume Bid Ask Time
1224.7 2154 2018-10-24 01:15:57
Contract High1391.4Contract High Date2018-01-25
Contract Low1167Contract Low Date2018-08-15
Estimated Volume11943First Delivery2018-12-31
Expiration2018-12-27Open Time18:00
Close Time17:00
Want to analyze E-MICRO GOLD Dec 2018 (E) MGC.Z18.E or another symbol? Try our Free Future Trend Analysis Report.