Future Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
NATURAL GAS Oct 2019 (E) (NYMEX:NG.V19.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.V19.E
The long term trend has been UP since Aug 14th, 2018 at 2.734
The intermediate term trend has been UP since Aug 7th, 2018 at 2.681
The short term trend has been DOWN since Aug 16th, 2018 at 2.710
Smart Scan Analysis for NG.V19.E
Based on a pre-defined weighted trend formula for chart analysis, NG.V19.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.41||Contract High Date||2011-08-29|
|Contract Low||2.56||Contract Low Date||2016-02-22|
|Estimated Volume||2263||First Delivery||2019-10-31|