Future Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
NATURAL GAS Nov 2022 (E) (NYMEX:NG.X22.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.X22.E
The long term trend has been UP since Apr 18th, 2017 at 2.962
The intermediate term trend has been UP since Apr 11th, 2017 at 2.898
The short term trend has been DOWN since May 19th, 2017 at 2.975
Smart Scan Analysis for NG.X22.E
Based on a pre-defined weighted trend formula for chart analysis, NG.X22.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.97||Contract High Date||2017-05-24|
|Contract Low||2.97||Contract Low Date||2017-05-24|
|Estimated Volume||11||First Delivery||2022-11-30|