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Future Trend Analysis Report

Prepared for you on Sunday, March 26, 2017.

E-MICRO GOLD Dec 2018 (E) (NYMEX:MGC.Z18.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.Z18.E
Open High Low MGC.Z18.E Price Change
1279.5 1286.2 1276.8 1283.3 +2.8
Entry Signal

MarketClub’s Trade Triangles for MGC.Z18.E

long term up The long term trend has been UP since Jan 3rd, 2017 at 1187.3

intermediate term down The intermediate term trend has been DOWN since Mar 7th, 2017 at 1254.5

short term up The short term trend has been UP since Mar 16th, 2017 at 1242.8

Smart Scan Analysis for MGC.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.Z18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for MGC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1279.5 1286.2 1276.8 1283.3 +2.8
Prev. Close Volume Bid Ask Time
1278.8 128 2017-03-24 13:37:38
Contract High1297.2Contract High Date2017-02-27
Contract Low1232.8Contract Low Date2017-03-10
Estimated Volume48First Delivery2018-12-31
Expiration2018-12-27Open Time18:00
Close Time17:00
Want to analyze E-MICRO GOLD Dec 2018 (E) MGC.Z18.E or another symbol? Try our Free Future Trend Analysis Report.