Future Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
NATURAL GAS May 2021 (E) (NYMEX:NG.K21.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.K21.E
The long term trend has been DOWN since Jul 6th, 2017 at 2.662
The intermediate term trend has been DOWN since Jul 5th, 2017 at 2.684
The short term trend has been UP since Jul 28th, 2017 at 2.603
Smart Scan Analysis for NG.K21.E
Based on a pre-defined weighted trend formula for chart analysis, NG.K21.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||4.5||Contract High Date||2014-01-07|
|Contract Low||2.604||Contract Low Date||2017-07-31|
|Estimated Volume||1||First Delivery||2021-05-31|