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Spread Trend Analysis Report

Prepared for you on Wednesday, January 23, 2019.

E-MICRO GOLD Feb 2019/Jun 2019 Spread (NYMEX:MGC.G19_M19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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.G19_M19
Open High Low MGC.G19_M19 Price Change
-12.6 -12.5 -12.8 -12.5 0.0
Entry Signal

MarketClub’s Trade Triangles for MGC.G19_M19

long term down The long term trend has been DOWN since at

intermediate term down The intermediate term trend has been DOWN since at

short term down The short term trend has been DOWN since at

Smart Scan Analysis for MGC.G19_M19

Based on a pre-defined weighted trend formula for chart analysis, MGC.G19_M19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MGC.G19_M19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-12.6 -12.5 -12.8 -12.5 0.0
Prev. Close Volume Bid Ask Time
-12.4 33 2019-01-23 15:06:08
Open Time18:00Close Time17:00
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