Future Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
GOLD (E-MINI) Apr 2021 (NYMEX:QO.J21)
Countertrend Down (-85) - QO.J21 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 QO.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO.J21
The long-term trend has been DOWN since Nov 23rd, 2020 at 1866.00
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 1835.00
The short-term trend has been UP since Jan 20th, 2021 at 1853.75
Smart Scan Analysis for QO.J21
Based on our trend formula, QO.J21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).