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Future Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

E-MICRO GOLD Apr 2018 (E) (NYMEX:MGC.J18.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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_MGC.J18.E
Open High Low MGC.J18.E Price Change
1349.4 1350.6 1330.7 1331.6 -17.2
Entry Signal

MarketClub’s Trade Triangles for MGC.J18.E

long term up The long term trend has been UP since Jan 2nd, 2018 at 1315.4

intermediate term down The intermediate term trend has been DOWN since Feb 6th, 2018 at 1329.4

short term down The short term trend has been DOWN since Feb 19th, 2018 at 1349.8

Smart Scan Analysis for MGC.J18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.J18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MGC.J18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1349.4 1350.6 1330.7 1331.6 -17.2
Prev. Close Volume Bid Ask Time
1348.8 8224 2018-02-20 15:49:16
Contract High1399Contract High Date2016-07-06
Contract Low1190.4Contract Low Date2016-12-05
Estimated Volume5058First Delivery2018-04-30
Expiration2018-04-26Open Time18:00
Close Time17:00
Want to analyze E-MICRO GOLD Apr 2018 (E) MGC.J18.E or another symbol? Try our Free Future Trend Analysis Report.