Future Trend Analysis Report
Prepared for you on Sunday, June 25, 2017.
NATURAL GAS Aug 2018 (E) (NYMEX:NG.Q18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.Q18.E
The long term trend has been UP since Jan 19th, 2017 at 2.942
The intermediate term trend has been DOWN since May 31st, 2017 at 2.907
The short term trend has been DOWN since Jun 13th, 2017 at 2.907
Smart Scan Analysis for NG.Q18.E
Based on a pre-defined weighted trend formula for chart analysis, NG.Q18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||5.797||Contract High Date||2011-10-20|
|Contract Low||2.48||Contract Low Date||2016-02-23|
|Estimated Volume||40||First Delivery||2018-08-31|