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Future Trend Analysis Report

Prepared for you on Friday, January 19, 2018.

E-MICRO GOLD Dec 2018 (E) (NYMEX:MGC.Z18.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.Z18.E
Open High Low MGC.Z18.E Price Change
1352.9 1363.1 1352.9 1358.7 +5.8
Entry Signal

MarketClub’s Trade Triangles for MGC.Z18.E

long term up The long term trend has been UP since Jan 2nd, 2018 at 1332.9

intermediate term up The intermediate term trend has been UP since Dec 26th, 2017 at 1302.2

short term down The short term trend has been DOWN since Jan 18th, 2018 at 1357.7

Smart Scan Analysis for MGC.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, MGC.Z18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MGC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1352.9 1363.1 1352.9 1358.7 +5.8
Prev. Close Volume Bid Ask Time
1352.8 598 2018-01-19 15:59:18
Contract High1370Contract High Date2018-01-17
Contract Low1354.8Contract Low Date2018-01-17
Estimated Volume1243First 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.