Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
NATURAL GAS May 2019 (NYMEX:NG.K19)
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.K19
The long term trend has been DOWN since Jan 3rd, 2019 at 2.602
The intermediate term trend has been UP since Jan 14th, 2019 at 2.862
The short term trend has been UP since Jan 7th, 2019 at 2.663
Smart Scan Analysis for NG.K19
Based on a pre-defined weighted trend formula for chart analysis, NG.K19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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