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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

E-MICRO GOLD Dec 2019 (NYMEX:MGC.Z19)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.Z19
Open High Low MGC.Z19 Price Change
1471.9 1472.2 1462.8 1468.2 -3.9
Entry Signal

MarketClub’s Trade Triangles for MGC.Z19

long term up The long term trend has been UP since Jun 5th, 2019 at 1348.0

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 1503.0

short term up The short term trend has been UP since Nov 13th, 2019 at 1464.5

Smart Scan Analysis for MGC.Z19

Based on a pre-defined weighted trend formula for chart analysis, MGC.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MGC.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1471.9 1472.2 1462.8 1468.2 -3.9
Prev. Close Volume Bid Ask Time
1487.5 26686 2019-11-15 16:58:17
First Delivery2019-12-31Expiration2019-12-27
Open Time18:00Close Time17:00
Want to analyze E-MICRO GOLD Dec 2019 MGC.Z19 or another symbol? Try our Free Future Trend Analysis Report.