Future Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
NATURAL GAS Apr 2018 (E) (NYMEX:NG.J18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.J18.E
The long term trend has been DOWN since Dec 5th, 2017 at 2.808
The intermediate term trend has been DOWN since Feb 5th, 2018 at 2.716
The short term trend has been UP since Feb 15th, 2018 at 2.653
Smart Scan Analysis for NG.J18.E
Based on a pre-defined weighted trend formula for chart analysis, NG.J18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.4||Contract High Date||2011-03-02|
|Contract Low||2.406||Contract Low Date||2016-02-23|
|Estimated Volume||118315||First Delivery||2018-04-30|