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Future Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

E-MICRO GOLD Apr 2020 (NYMEX:MGC.J20)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.J20
Open High Low MGC.J20 Price Change
1558.4 1567.3 1556.3 1563.3 +4.7
Entry Signal

MarketClub’s Trade Triangles for MGC.J20

long term up The long term trend has been UP since Nov 1st, 2018 at 1286.0

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 1488.0

short term up The short term trend has been UP since Jan 17th, 2020 at 1564.3

Smart Scan Analysis for MGC.J20

Based on a pre-defined weighted trend formula for chart analysis, MGC.J20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MGC.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1558.4 1567.3 1556.3 1563.3 +4.7
Prev. Close Volume Bid Ask Time
1555.1 904 2020-01-17 16:10:20
First Delivery2020-04-30Expiration2020-04-28
Open Time18:00Close Time17:00
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