Future Trend Analysis Report
Prepared for you on Sunday, April 30, 2017.
NATURAL GAS Aug 2017 (E) (NYMEX:NG.Q17.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.Q17.E
The long term trend has been UP since Dec 2nd, 2016 at 3.342
The intermediate term trend has been DOWN since Apr 24th, 2017 at 3.280
The short term trend has been UP since Apr 26th, 2017 at 3.350
Smart Scan Analysis for NG.Q17.E
Based on a pre-defined weighted trend formula for chart analysis, NG.Q17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||7.797||Contract High Date||2009-11-02|
|Contract Low||2.417||Contract Low Date||2016-02-26|
|Estimated Volume||4896||First Delivery||2017-08-31|