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Future Trend Analysis Report

Prepared for you on Tuesday, September 21, 2021.

E-MICRO GOLD Oct 2022 (NYMEX:MGC.V22)

Countertrend Down (-85) - MGC.V22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid MGC.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGC.V22.

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

NYMEX_MGC.V22
Open High Low MGC.V22 Price Change
1773.1 1790.0 1769.2 1786.1 +12.2
Entry Signal

MarketClub’s Trade Triangles for MGC.V22

long term down The long-term trend has been DOWN since Aug 6th, 2021 at 1784.1

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1787.0

short term up The short-term trend has been UP since Sep 21st, 2021 at 1774.0

Smart Scan Analysis for MGC.V22

Based on our trend formula, MGC.V22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MGC.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1773.1 1790.0 1769.2 1786.1 +12.2
Prev. Close Volume Bid Ask Time
1773.4 44 2021-09-21 12:07:51
Expiration2022-10-27Open Time18:00
Close Time17:00
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