Futopt Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
NATURAL GAS MAY 2021 PUT 1600 (NYMEX:QNG.K21.1600P)
Strong Downtrend (-100) - QNG.K21.1600P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.K21.1600P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K21.1600P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.K21.1600P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QNG.K21.1600P
Based on our trend formula, QNG.K21.1600P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).