Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

E-MICRO GOLD Jun 2017 (E) (NYMEX:MGC.M17.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.M17.E
Open High Low MGC.M17.E Price Change
1269.6 1272.6 1263.2 1264.6 -3.7
Entry Signal

MarketClub’s Trade Triangles for MGC.M17.E

long term up The long term trend has been UP since Apr 7th, 2017 at 1267.2

intermediate term up The intermediate term trend has been UP since Mar 26th, 2017 at 1256.0

short term up The short term trend has been UP since Apr 30th, 2017 at 1270.9

Smart Scan Analysis for MGC.M17.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.M17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MGC.M17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1269.6 1272.6 1263.2 1264.6 -3.7
Prev. Close Volume Bid Ask Time
1269.2 876 2017-04-30 23:57:37
Contract High1382.3Contract High Date2016-07-06
Contract Low1130Contract Low Date2016-12-15
Estimated Volume1402First Delivery2017-06-30
Expiration2017-06-28Open Time18:00
Close Time17:00
Want to analyze E-MICRO GOLD Jun 2017 (E) MGC.M17.E or another symbol? Try our Free Future Trend Analysis Report.