Future Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NATURAL GAS Dec 2021 (E) (NYMEX:NG.Z21.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.Z21.E
The long term trend has been DOWN since Feb 12th, 2018 at 2.957
The intermediate term trend has been DOWN since Aug 27th, 2018 at 2.706
The short term trend has been UP since Aug 31st, 2018 at 2.682
Smart Scan Analysis for NG.Z21.E
Based on a pre-defined weighted trend formula for chart analysis, NG.Z21.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||3.4||Contract High Date||2016-08-19|
|Contract Low||2.67||Contract Low Date||2018-08-30|
|Estimated Volume||6||First Delivery||2021-12-31|