Future Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NATURAL GAS Dec 2021 (E) (NYMEX:NG.Z21.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.Z21.E
The long term trend has been UP since Nov 6th, 2018 at 2.760
The intermediate term trend has been UP since Sep 17th, 2018 at 2.726
The short term trend has been DOWN since Nov 14th, 2018 at 2.785
Smart Scan Analysis for NG.Z21.E
Based on a pre-defined weighted trend formula for chart analysis, NG.Z21.E scored +75 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||14||First Delivery||2021-12-31|