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Future Trend Analysis Report

Prepared for you on Wednesday, April 21, 2021.

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.

NYMEX_MGC.J21
Open High Low MGC.J21 Price Change
1780.0 1783.9 1780.0 1792.3 +8.1
Entry Signal

MarketClub’s Trade Triangles for MGC.J21

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 1868.0

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 1753.2

short term up The short-term trend has been UP since Apr 15th, 2021 at 1747.2

Smart Scan Analysis for MGC.J21

Based on our trend formula, MGC.J21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MGC.J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1780.0 1783.9 1780.0 1792.3 +8.1
Prev. Close Volume Bid Ask Time
1773.9 31 2021-04-20 23:58:33
Expiration2021-04-28Open Time18:00
Close Time17:00
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