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Future Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

NATURAL GAS May 2020 (E) (NYMEX:NG.K20.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 positive trend to resume. Uptrend 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.

NYMEX_NG.K20.E
Open High Low NG.K20.E Price Change
2.516 2.524 2.516 2.524 -0.007
Entry Signal

MarketClub’s Trade Triangles for NG.K20.E

long term up The long term trend has been UP since Oct 9th, 2018 at 2.531

intermediate term up The intermediate term trend has been UP since Sep 19th, 2018 at 2.485

short term down The short term trend has been DOWN since Oct 22nd, 2018 at 2.520

Smart Scan Analysis for NG.K20.E

Based on a pre-defined weighted trend formula for chart analysis, NG.K20.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NG.K20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.516 2.524 2.516 2.524 -0.007
Prev. Close Volume Bid Ask Time
2.522 2 2018-10-22 14:58:47
Contract High4.73Contract High Date2014-04-24
Contract Low2.441Contract Low Date2018-08-02
Estimated Volume261First Delivery2020-05-31
Expiration2020-04-28Open Time18:00
Close Time17:00
Want to analyze NATURAL GAS May 2020 (E) NG.K20.E or another symbol? Try our Free Future Trend Analysis Report.