Future Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
NATURAL GAS Jan 2021 (NYMEX:NG.F21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NG.F21
The long term trend has been DOWN since Jun 6th, 2019 at 2.887
The intermediate term trend has been DOWN since May 31st, 2019 at 2.911
The short term trend has been UP since Jun 14th, 2019 at 2.895
Smart Scan Analysis for NG.F21
Based on a pre-defined weighted trend formula for chart analysis, NG.F21 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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