Future Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
NATURAL GAS (E-MINI) Nov 2017 (E) (NYMEX:QG.X17.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 QG.X17.E
The long term trend has been DOWN since Jun 1st, 2017 at 3.178
The intermediate term trend has been UP since Aug 14th, 2017 at 3.085
The short term trend has been DOWN since Sep 21st, 2017 at 3.110
Smart Scan Analysis for QG.X17.E
Based on a pre-defined weighted trend formula for chart analysis, QG.X17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||3.61||Contract High Date||2016-12-30|
|Contract Low||2.89||Contract Low Date||2017-08-04|
|Estimated Volume||262||First Delivery||2017-11-30|