Futopt Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
NATURAL GAS MAY 2021 PUT 6500 (NYMEX:QNG.K21.6500P)
Long-Term Downtrend (-90) - QNG.K21.6500P is in a strong downtrend that is likely to continue. While QNG.K21.6500P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNG.K21.6500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K21.6500P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.K21.6500P
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.K21.6500P
Based on our trend formula, QNG.K21.6500P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).