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Future Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

E-MICRO GOLD Jun 2022 (NYMEX:MGC.M22)

Crossroads (+60) - MGC.M22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MGC.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.M22.

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

NYMEX_MGC.M22
Open High Low MGC.M22 Price Change
1802.2 1802.2 1772.0 1773.5 -29.8
Entry Signal

MarketClub’s Trade Triangles for MGC.M22

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 1772.2

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 1785.7

short term up The short-term trend has been UP since Oct 13th, 2021 at 1785.7

Smart Scan Analysis for MGC.M22

Based on our trend formula, MGC.M22 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MGC.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1802.2 1802.2 1772.0 1773.5 -29.8
Prev. Close Volume Bid Ask Time
1773.7 57 2021-10-15 16:46:18
Expiration2022-06-28Open Time18:00
Close Time17:00
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