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Future Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

GOLD (E-MINI) Oct 2018 (E) (NYMEX:QO.V18.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_QO.V18.E
Open High Low QO.V18.E Price Change
1199.00 1202.50 1197.25 1199.00 -2.25
Entry Signal

MarketClub’s Trade Triangles for QO.V18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 1328.50

intermediate term down The intermediate term trend has been DOWN since Jun 15th, 2018 at 1298.25

short term up The short term trend has been UP since Sep 12th, 2018 at 1199.00

Smart Scan Analysis for QO.V18.E

Based on a pre-defined weighted trend formula for chart analysis, QO.V18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for QO.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1199.00 1202.50 1197.25 1199.00 -2.25
Prev. Close Volume Bid Ask Time
1202.75 16 2018-09-18 16:11:44
Contract High1215.75Contract High Date2018-08-28
Contract Low1174.25Contract Low Date2018-08-16
Estimated Volume16Expiration2018-09-26
Open Time18:00Close Time17:00
Want to analyze GOLD (E-MINI) Oct 2018 (E) QO.V18.E or another symbol? Try our Free Future Trend Analysis Report.