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Future Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

E-MICRO GOLD Apr 2019 (NYMEX:MGC.J19)

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.J19
Open High Low MGC.J19 Price Change
1317.1 1325.7 1314.4 1324.9 +11.0
Entry Signal

MarketClub’s Trade Triangles for MGC.J19

long term up The long term trend has been UP since Dec 7th, 2018 at 1254.7

intermediate term up The intermediate term trend has been UP since Jan 25th, 2019 at 1306.4

short term down The short term trend has been DOWN since Feb 14th, 2019 at 1309.0

Smart Scan Analysis for MGC.J19

Based on a pre-defined weighted trend formula for chart analysis, MGC.J19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MGC.J19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1317.1 1325.7 1314.4 1324.9 +11.0
Prev. Close Volume Bid Ask Time
1288.1 7558 2019-02-15 16:59:59
First Delivery2019-04-30Expiration2019-04-26
Open Time18:00Close Time17:00
Want to analyze E-MICRO GOLD Apr 2019 MGC.J19 or another symbol? Try our Free Future Trend Analysis Report.