Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
GOLD (E-MINI) Feb 2020 (NYMEX:QO.G20)
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.
MarketClub’s Trade Triangles for QO.G20
The long term trend has been UP since Nov 1st, 2018 at 1280.00
The intermediate term trend has been DOWN since Sep 10th, 2019 at 1511.00
The short term trend has been UP since Sep 13th, 2019 at 1513.25
Smart Scan Analysis for QO.G20
Based on a pre-defined weighted trend formula for chart analysis, QO.G20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).