Future Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NATURAL GAS Jan 2019 (NYMEX:NG.F19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NG.F19
The long term trend has been UP since Sep 27th, 2018 at 3.250
The intermediate term trend has been UP since Nov 4th, 2018 at 3.454
The short term trend has been DOWN since Dec 12th, 2018 at 4.358
Smart Scan Analysis for NG.F19
Based on a pre-defined weighted trend formula for chart analysis, NG.F19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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