Future Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
NATURAL GAS Aug 2018 (E) (NYMEX:NG.Q18.E)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 May 22nd, 2018 at 2.929
The intermediate term trend has been UP since May 15th, 2018 at 2.884
The short term trend has been UP since May 18th, 2018 at 2.900
Smart Scan Analysis for NG.Q18.E
Based on a pre-defined weighted trend formula for chart analysis, NG.Q18.E scored +100 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||25594||First Delivery||2018-08-31|