Future Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
NATURAL GAS Nov 2019 (E) (NYMEX:NG.X19.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Dec 4th, 2017 at 2.809
The intermediate term trend has been DOWN since Feb 12th, 2018 at 2.749
The short term trend has been DOWN since Feb 9th, 2018 at 2.788
Smart Scan Analysis for NG.X19.E
Based on a pre-defined weighted trend formula for chart analysis, NG.X19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6.12||Contract High Date||2011-11-30|
|Contract Low||2.64||Contract Low Date||2016-02-22|
|Estimated Volume||207||First Delivery||2019-11-30|