Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, September 20, 2017.

E-MICRO GOLD Oct 2017 (E) (NYMEX:MGC.V17.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.V17.E
Open High Low MGC.V17.E Price Change
1310.3 1315.8 1309.6 1315.1 +8.4
Entry Signal

MarketClub’s Trade Triangles for MGC.V17.E

long term up The long term trend has been UP since Aug 18th, 2017 at 1301.2

intermediate term up The intermediate term trend has been UP since Jul 24th, 2017 at 1257.9

short term down The short term trend has been DOWN since Sep 10th, 2017 at 1333.5

Smart Scan Analysis for MGC.V17.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.V17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MGC.V17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1310.3 1315.8 1309.6 1315.1 +8.4
Prev. Close Volume Bid Ask Time
1310 96 2017-09-20 06:52:32
Contract High1385.6Contract High Date2016-08-04
Contract Low1082Contract Low Date2015-12-16
Estimated Volume244First Delivery2017-10-31
Expiration2017-10-27Open Time18:00
Close Time17:00
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