Future Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
NATURAL GAS Nov 2018 (E) (NYMEX:NG.X18.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.X18.E
The long term trend has been DOWN since Jul 17th, 2018 at 2.768
The intermediate term trend has been DOWN since Aug 28th, 2018 at 2.876
The short term trend has been UP since Sep 18th, 2018 at 2.802
Smart Scan Analysis for NG.X18.E
Based on a pre-defined weighted trend formula for chart analysis, NG.X18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.899||Contract High Date||2018-09-18|
|Contract Low||2.747||Contract Low Date||2018-09-14|
|Estimated Volume||187315||First Delivery||2018-11-30|