Futopt Trend Analysis Report
Prepared for you on Wednesday, April 24, 2019.
MINI-SIZED GOLD JUNE 2019 PUT 1475 (ICE:@YG.M19.1475P)
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.
MarketClub’s Trade Triangles for @YG.M19.1475P
The long term trend has been DOWN since at
The intermediate term trend has been DOWN since at
The short term trend has been DOWN since at
Smart Scan Analysis for @YG.M19.1475P
Based on a pre-defined weighted trend formula for chart analysis, @YG.M19.1475P scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).