Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
NATURAL GAS Apr 2019 (NYMEX:NG.J19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.J19
The long term trend has been DOWN since Jan 2nd, 2019 at 2.640
The intermediate term trend has been DOWN since Dec 17th, 2018 at 2.810
The short term trend has been DOWN since Jan 18th, 2019 at 2.819
Smart Scan Analysis for NG.J19
Based on a pre-defined weighted trend formula for chart analysis, NG.J19 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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