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Future Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

E-MICRO GOLD Dec 2018 (E) (NYMEX:MGC.Z18.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.Z18.E
Open High Low MGC.Z18.E Price Change
1303.6 1303.6 1300.2 1300.2 -4.2
Entry Signal

MarketClub’s Trade Triangles for MGC.Z18.E

long term up The long term trend has been UP since Aug 18th, 2017 at 1324.8

intermediate term down The intermediate term trend has been DOWN since Sep 21st, 2017 at 1319.0

short term down The short term trend has been DOWN since Oct 17th, 2017 at 1317.2

Smart Scan Analysis for MGC.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.Z18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MGC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1303.6 1303.6 1300.2 1300.2 -4.2
Prev. Close Volume Bid Ask Time
1306 37 2017-10-22 19:51:40
Contract High1383.3Contract High Date2017-09-08
Contract Low1232.8Contract Low Date2017-03-10
Estimated Volume165First 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.