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Future Trend Analysis Report

Prepared for you on Tuesday, July 14, 2020.

E-MICRO GOLD Dec 2021 (NYMEX:MGC.Z21)

Countertrend Up (+85) - MGC.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.Z21.

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

NYMEX_MGC.Z21
Open High Low MGC.Z21 Price Change
1866.3 1880.0 1866.3 1880.0 +25.2
Entry Signal

MarketClub’s Trade Triangles for MGC.Z21

long term up The long-term trend has been UP since Apr 13th, 2020 at 1720.0

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 1758.8

short term up The short-term trend has been UP since Jun 22nd, 2020 at 1776.2

Smart Scan Analysis for MGC.Z21

Based on our trend formula, MGC.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MGC.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1866.3 1880.0 1866.3 1880.0 +25.2
Prev. Close Volume Bid Ask Time
1780.0 4 2020-07-08 17:28:24
Expiration2021-12-29Open Time18:00
Close Time17:00
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