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Future Trend Analysis Report

Prepared for you on Tuesday, July 14, 2020.

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

Countertrend Up (+85) - MGC.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1850.1 1860.5 1845.0 1858.0 -4.2
Entry Signal

MarketClub’s Trade Triangles for MGC.M21

long term up The long-term trend has been UP since Jan 14th, 2020 at 1542.0

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2020 at 1783.1

short term down The short-term trend has been DOWN since Jul 14th, 2020 at 1849.0

Smart Scan Analysis for MGC.M21

Based on our trend formula, MGC.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MGC.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1850.1 1860.5 1845.0 1858.0 -4.2
Prev. Close Volume Bid Ask Time
1768.0 12 2020-07-14 12:06:01
Expiration2021-06-28Open Time18:00
Close Time17:00
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