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Future Trend Analysis Report

Prepared for you on Monday, June 14, 2021.

E-MICRO GOLD Jun 2021 (NYMEX:MGC.M21)

Sidelines Mode (-55) - MGC.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MGC.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_MGC.M21
Open High Low MGC.M21 Price Change
1877.2 1877.2 1845.0 1849.3 -28.1
Entry Signal

MarketClub’s Trade Triangles for MGC.M21

long term up The long-term trend has been UP since May 17th, 2021 at 1868.0

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2021 at 1855.0

short term up The short-term trend has been UP since Jun 11th, 2021 at 1899.7

Smart Scan Analysis for MGC.M21

Based on our trend formula, MGC.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MGC.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1877.2 1877.2 1845.0 1849.3 -28.1
Prev. Close Volume Bid Ask Time
1876.7 26 2021-06-14 09:04:13
Expiration2021-06-28Open Time18:00
Close Time17:00
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