Future Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
NATURAL GAS Oct 2022 (E) (NYMEX:NG.V22.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.V22.E
The long term trend has been UP since Nov 6th, 2018 at 2.583
The intermediate term trend has been UP since Sep 17th, 2018 at 2.546
The short term trend has been DOWN since Nov 15th, 2018 at 2.600
Smart Scan Analysis for NG.V22.E
Based on a pre-defined weighted trend formula for chart analysis, NG.V22.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.892||Contract High Date||2017-05-24|
|Contract Low||2.538||Contract Low Date||2018-10-01|
|Estimated Volume||15||First Delivery||2022-10-31|