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Future Trend Analysis Report

Prepared for you on Friday, December 8, 2023.


Bull Market Weakness (+75) - MGC.J24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGC.J24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MGC.J24?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.J24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low MGC.J24 Price Change
2064.8 2068.8 2063.3 2066.0 +1.3
Entry Signal

MarketClub’s Trade Triangles for MGC.J24

long term up The long-term trend has been UP since Nov 28th, 2023 at 2059.0

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2023 at 1982.8

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 2073.0

Smart Scan Analysis for MGC.J24

Based on our trend formula, MGC.J24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGC.J24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2064.8 2068.8 2063.3 2066.0 +1.3
Prev. Close Volume Bid Ask Time
2064.7 74 2023-12-08 01:04:44
Expiration2024-04-26Open Time18:00
Close Time17:00
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