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Futopt Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

NATURAL GAS MAY 2022 PUT 5700 (NYMEX:QNG.K22.5700P)

Long-Term Downtrend (-90) - QNG.K22.5700P is in a strong downtrend that is likely to continue. While QNG.K22.5700P 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.K22.5700P?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.K22.5700P.

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NYMEX_QNG.K22.5700P
Open High Low QNG.K22.5700P Price Change
1.998 1.998 1.998 1.998 0.000
Entry Signal

MarketClub’s Trade Triangles for QNG.K22.5700P

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QNG.K22.5700P

Based on our trend formula, QNG.K22.5700P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.K22.5700P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.998 1.998 1.998 1.998 0.000
Prev. Close Volume Bid Ask Time
1.998 0 2021-12-02 00:00:00
Volatility0.48Strike Price5.7
Expiration2022-04-26
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