Future Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
NATURAL GAS Nov 2019 (E) (NYMEX:NG.X19.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.X19.E
The long term trend has been UP since Oct 8th, 2018 at 2.793
The intermediate term trend has been DOWN since Nov 14th, 2018 at 2.748
The short term trend has been UP since Nov 27th, 2018 at 2.791
Smart Scan Analysis for NG.X19.E
Based on a pre-defined weighted trend formula for chart analysis, NG.X19.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.12||Contract High Date||2011-11-30|
|Contract Low||2.633||Contract Low Date||2018-05-09|
|Estimated Volume||2426||First Delivery||2019-11-30|