Future Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
NATURAL GAS Dec 2019 (NYMEX:NG.Z19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.Z19
The long term trend has been UP since Oct 8th, 2018 at 2.912
The intermediate term trend has been UP since Jan 13th, 2019 at 3.089
The short term trend has been UP since Jan 18th, 2019 at 3.116
Smart Scan Analysis for NG.Z19
Based on a pre-defined weighted trend formula for chart analysis, NG.Z19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||09:00||Close Time||14:30|