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Future Trend Analysis Report

Prepared for you on Thursday, May 25, 2017.

GOLD (E-MINI) Jun 2017 (E) (NYMEX:QO.M17.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_QO.M17.E
Open High Low QO.M17.E Price Change
1257.50 1259.25 1256.25 1257.50 +4.50
Entry Signal

MarketClub’s Trade Triangles for QO.M17.E

long term up The long term trend has been UP since Apr 7th, 2017 at 1266.75

intermediate term down The intermediate term trend has been DOWN since May 3rd, 2017 at 1248.50

short term down The short term trend has been DOWN since May 24th, 2017 at 1252.00

Smart Scan Analysis for QO.M17.E

Based on a pre-defined weighted trend formula for chart analysis, QO.M17.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for QO.M17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1257.50 1259.25 1256.25 1257.50 +4.50
Prev. Close Volume Bid Ask Time
1258 142 2017-05-25 05:27:19
Contract High1365.75Contract High Date2016-07-29
Contract Low1130Contract Low Date2016-12-15
Estimated Volume300Expiration2017-05-26
Open Time18:00Close Time17:00
Want to analyze GOLD (E-MINI) Jun 2017 (E) QO.M17.E or another symbol? Try our Free Future Trend Analysis Report.