Future Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
NATURAL GAS Oct 2018 (E) (NYMEX:NG.V18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.V18.E
The long term trend has been DOWN since Jul 17th, 2018 at 2.723
The intermediate term trend has been UP since Jul 31st, 2018 at 2.839
The short term trend has been DOWN since Aug 16th, 2018 at 2.905
Smart Scan Analysis for NG.V18.E
Based on a pre-defined weighted trend formula for chart analysis, NG.V18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.63||Contract High Date||2011-03-02|
|Contract Low||2.49||Contract Low Date||2016-02-23|
|Estimated Volume||83081||First Delivery||2018-10-31|