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Future Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

GOLD (E-MINI) Aug 2018 (E) (NYMEX:QO.Q18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Q18.E
Open High Low QO.Q18.E Price Change
1281.75 1284.50 1281.25 1282.00 +3.50
Entry Signal

MarketClub’s Trade Triangles for QO.Q18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1317.75

intermediate term down The intermediate term trend has been DOWN since Jun 15th, 2018 at 1286.75

short term down The short term trend has been DOWN since Jun 15th, 2018 at 1295.00

Smart Scan Analysis for QO.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, QO.Q18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for QO.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1281.75 1284.50 1281.25 1282.00 +3.50
Prev. Close Volume Bid Ask Time
1282.25 21 2018-06-17 23:03:15
Contract High1374.75Contract High Date2018-04-11
Contract Low1278Contract Low Date2018-06-15
Estimated Volume489Expiration2018-07-27
Open Time18:00Close Time17:00
Want to analyze GOLD (E-MINI) Aug 2018 (E) QO.Q18.E or another symbol? Try our Free Future Trend Analysis Report.