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Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
GOLD (E-MINI) Jun 2021 (NYMEX:QO.M21)
Long-Term Downtrend (-90) - QO.M21 is in a strong downtrend that is likely to continue. While QO.M21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QO.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for QO.M21
The long-term trend has been DOWN since Nov 19th, 2020 at 1878.0
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 1841.5
The short-term trend has been DOWN since Feb 25th, 2021 at 1799.5
Smart Scan Analysis for QO.M21
Based on our trend formula, QO.M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1724.50 | 1735.00 | 1711.25 | 1735.00 | +9.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1725.50 | 51 | 2021-03-02 11:50:57 |
| Expiration | 2021-05-26 | Open Time | 18:00 |
| Close Time | 17:00 |