Future Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
E-MICRO GOLD Apr 2021 (NYMEX:MGC.J21)
Bull Market Weakness (+75) - MGC.J21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGC.J21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGC.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGC.J21
The long-term trend has been UP since Apr 14th, 2020 at 1720
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 1925
The short-term trend has been UP since Sep 9th, 2020 at 1958
Smart Scan Analysis for MGC.J21
Based on our trend formula, MGC.J21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).