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Future Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

PLATINUM Oct 2018 (E) (NYMEX:PL.V18.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_PL.V18.E
Open High Low PL.V18.E Price Change
779.8 790.3 772.7 777.3 +4.1
Entry Signal

MarketClub’s Trade Triangles for PL.V18.E

long term down The long term trend has been DOWN since Apr 3rd, 2018 at 939.0

intermediate term down The intermediate term trend has been DOWN since Feb 7th, 2018 at 1000.1

short term down The short term trend has been DOWN since Aug 12th, 2018 at 824.6

Smart Scan Analysis for PL.V18.E

Based on a pre-defined weighted trend formula for chart analysis, PL.V18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for PL.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
779.8 790.3 772.7 777.3 +4.1
Prev. Close Volume Bid Ask Time
788.1 16009 2018-08-17 13:11:22
Contract High1036.1Contract High Date2018-01-25
Contract Low755.7Contract Low Date2018-08-15
Estimated Volume16009First Delivery2018-10-31
Expiration2018-10-29Open Time08:20
Close Time13:05
Want to analyze PLATINUM Oct 2018 (E) PL.V18.E or another symbol? Try our Free Future Trend Analysis Report.