Future Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
E-MICRO GOLD Feb 2019 (E) (NYMEX:MGC.G19.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for MGC.G19.E
The long term trend has been DOWN since May 1st, 2018 at 1336.4
The intermediate term trend has been DOWN since Apr 23rd, 2018 at 1353.7
The short term trend has been DOWN since May 15th, 2018 at 1343.9
Smart Scan Analysis for MGC.G19.E
Based on a pre-defined weighted trend formula for chart analysis, MGC.G19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1393.6||Contract High Date||2018-01-25|
|Contract Low||1271.6||Contract Low Date||2017-12-13|
|Estimated Volume||10||First Delivery||2019-02-28|