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Future Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

HENRY HUB FINANCIAL Jul 2023 (NYMEX:HP.N23)

Countertrend Down (-85) - HP.N23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid HP.N23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HP.N23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HP.N23
Open High Low HP.N23 Price Change
2.300 2.328 2.300 2.329 +0.058
Entry Signal

MarketClub’s Trade Triangles for HP.N23

long term down The long-term trend has been DOWN since Jan 23rd, 2023 at 3.575

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2023 at 2.428

short term up The short-term trend has been UP since Jun 5th, 2023 at 2.305

Smart Scan Analysis for HP.N23

Based on our trend formula, HP.N23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HP.N23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.300 2.328 2.300 2.329 +0.058
Prev. Close Volume Bid Ask Time
2.328 1720 2023-06-07 15:55:48
Expiration2023-06-27Open Time18:00
Close Time17:00
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