Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
GOLD (E-MINI) Apr 2020 (NYMEX:QO.J20)
Bear Market Rally (-75) - QO.J20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QO.J20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QO.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.J20
The long-term trend has been DOWN since Mar 19th, 2020 at 1465.75
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1564.25
The short-term trend has been DOWN since Mar 27th, 2020 at 1620.00
Smart Scan Analysis for QO.J20
Based on our trend formula, QO.J20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).