Future Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
NATURAL GAS Jul 2021 (E) (NYMEX:NG.N21.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.N21.E
The long term trend has been DOWN since Jul 6th, 2017 at 2.718
The intermediate term trend has been DOWN since Jul 5th, 2017 at 2.744
The short term trend has been UP since Jul 28th, 2017 at 2.663
Smart Scan Analysis for NG.N21.E
Based on a pre-defined weighted trend formula for chart analysis, NG.N21.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.788||Contract High Date||2017-05-15|
|Contract Low||2.661||Contract Low Date||2017-07-31|
|Estimated Volume||2||First Delivery||2021-07-31|