Future Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NATURAL GAS (E-MINI) Jul 2019 (E) (NYMEX:QG.N19.E)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 QG.N19.E
The long term trend has been UP since Aug 9th, 2018 at 2.715
The intermediate term trend has been DOWN since Sep 4th, 2018 at 2.665
The short term trend has been DOWN since Sep 14th, 2018 at 2.640
Smart Scan Analysis for QG.N19.E
Based on a pre-defined weighted trend formula for chart analysis, QG.N19.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.78||Contract High Date||2017-10-12|
|Contract Low||2.62||Contract Low Date||2018-07-20|
|Estimated Volume||2||First Delivery||2019-07-31|