Future Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
NATURAL GAS Oct 2017 (E) (NYMEX:NG.V17.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.V17.E
The long term trend has been DOWN since Jun 5th, 2017 at 3.035
The intermediate term trend has been UP since Jun 28th, 2017 at 3.131
The short term trend has been UP since Jun 25th, 2017 at 3.005
Smart Scan Analysis for NG.V17.E
Based on a pre-defined weighted trend formula for chart analysis, NG.V17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.35||Contract High Date||2011-03-02|
|Contract Low||2.434||Contract Low Date||2016-02-25|
|Estimated Volume||2361||First Delivery||2017-10-31|