Futopt Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
NATURAL GAS JULY 2022 PUT 5400 (NYMEX:QNG.N22.5400P)
Long-Term Downtrend (-90) - QNG.N22.5400P is in a strong downtrend that is likely to continue. While QNG.N22.5400P 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.N22.5400P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.N22.5400P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNG.N22.5400P
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.N22.5400P
Based on our trend formula, QNG.N22.5400P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).