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Future Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

E-MICRO GOLD Dec 2018 (E) (NYMEX:MGC.Z18.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
1301.9 1310.0 1298.2 1308.8 -11.2
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 up The intermediate term trend has been UP since Mar 26th, 2017 at 1285.8

short term down The short term trend has been DOWN since Apr 18th, 2017 at 1315.5

Smart Scan Analysis for MGC.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.Z18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MGC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1301.9 1310.0 1298.2 1308.8 -11.2
Prev. Close Volume Bid Ask Time
1318 71 2017-04-24 01:34:07
Contract High1327.5Contract High Date2017-04-16
Contract Low1232.8Contract Low Date2017-03-10
Estimated Volume142First 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.