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Future Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

E-MICRO GOLD Jun 2020 (NYMEX:MGC.M20)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.M20
Open High Low MGC.M20 Price Change
1527.1 1540.3 1524.5 1539.8 +17.7
Entry Signal

MarketClub’s Trade Triangles for MGC.M20

long term up The long term trend has been UP since Jun 3rd, 2019 at 1348.0

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 1518.0

short term up The short term trend has been UP since Sep 19th, 2019 at 1526.3

Smart Scan Analysis for MGC.M20

Based on a pre-defined weighted trend formula for chart analysis, MGC.M20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MGC.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1527.1 1540.3 1524.5 1539.8 +17.7
Prev. Close Volume Bid Ask Time
1527.1 72 2019-09-20 16:18:49
First Delivery2020-06-30Expiration2020-06-26
Open Time18:00Close Time17:00
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