Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
GOLD (E-MINI) Oct 2019 (NYMEX:QO.V19)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for QO.V19
The long term trend has been UP since Nov 1st, 2018 at 1267.30
The intermediate term trend has been UP since May 31st, 2019 at 1293.25
The short term trend has been UP since Aug 14th, 2019 at 1522.25
Smart Scan Analysis for QO.V19
Based on a pre-defined weighted trend formula for chart analysis, QO.V19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).