Future Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
GOLD (E-MINI) Apr 2021 (NYMEX:QO.J21)
Bear Market Rally (-75) - QO.J21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QO.J21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QO.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.J21
The long-term trend has been DOWN since Nov 23rd, 2020 at 1866.00
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 1835.00
The short-term trend has been UP since Feb 22nd, 2021 at 1790.75
Smart Scan Analysis for QO.J21
Based on our trend formula, QO.J21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).