Future Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
NATURAL GAS Apr 2022 (NYMEX:NG.J22)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.J22
The long term trend has been DOWN since Jun 12th, 2019 at 2.498
The intermediate term trend has been DOWN since Sep 30th, 2019 at 2.378
The short term trend has been DOWN since Nov 12th, 2019 at 2.357
Smart Scan Analysis for NG.J22
Based on a pre-defined weighted trend formula for chart analysis, NG.J22 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||09:00||Close Time||14:30|