Future Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
NATURAL GAS May 2024 (E) (NYMEX:NG.K24.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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.K24.E
The long term trend has been DOWN since May 8th, 2018 at 2.745
The intermediate term trend has been DOWN since Aug 27th, 2018 at 2.580
The short term trend has been DOWN since Aug 16th, 2018 at 2.622
Smart Scan Analysis for NG.K24.E
Based on a pre-defined weighted trend formula for chart analysis, NG.K24.E scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||4||Contract High Date||2015-05-11|
|Contract Low||2.55||Contract Low Date||2018-08-28|
|Estimated Volume||1||First Delivery||2024-05-31|