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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

E-MICRO GOLD Oct 2021 (NYMEX:MGC.V21)

Crossroads (+60) - MGC.V21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MGC.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.V21.

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

NYMEX_MGC.V21
Open High Low MGC.V21 Price Change
1801.7 1801.7 1786.8 1795.5 +5.6
Entry Signal

MarketClub’s Trade Triangles for MGC.V21

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 1761.3

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1775.9

short term up The short-term trend has been UP since Oct 1st, 2021 at 1753.9

Smart Scan Analysis for MGC.V21

Based on our trend formula, MGC.V21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MGC.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1801.7 1801.7 1786.8 1795.5 +5.6
Prev. Close Volume Bid Ask Time
1786.8 4 2021-10-22 12:02:59
Expiration2021-10-27Open Time18:00
Close Time17:00
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