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Future Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

NATURAL GAS Oct 2020 (E) (NYMEX:NG.V20.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.

NYMEX_NG.V20.E
Open High Low NG.V20.E Price Change
2.552 2.552 2.552 2.549 +0.009
Entry Signal

MarketClub’s Trade Triangles for NG.V20.E

long term up The long term trend has been UP since Oct 9th, 2018 at 2.601

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 2.570

short term down The short term trend has been DOWN since Nov 29th, 2018 at 2.548

Smart Scan Analysis for NG.V20.E

Based on a pre-defined weighted trend formula for chart analysis, NG.V20.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NG.V20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.552 2.552 2.552 2.549 +0.009
Prev. Close Volume Bid Ask Time
2.545 1 2018-11-30 14:20:47
Contract High3.133Contract High Date2015-12-14
Contract Low2.505Contract Low Date2018-09-07
Estimated Volume623First Delivery2020-10-31
Expiration2020-09-28Open Time18:00
Close Time17:00
Want to analyze NATURAL GAS Oct 2020 (E) NG.V20.E or another symbol? Try our Free Future Trend Analysis Report.