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Future Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

NATURAL GAS May 2023 (NYMEX:NG.K23)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

NYMEX_NG.K23
Open High Low NG.K23 Price Change
2.280 2.280 2.280 2.297 +0.006
Entry Signal

MarketClub’s Trade Triangles for NG.K23

long term down The long term trend has been DOWN since Dec 2nd, 2019 at 2.364

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2019 at 2.352

short term down The short term trend has been DOWN since Oct 10th, 2019 at 2.555

Smart Scan Analysis for NG.K23

Based on a pre-defined weighted trend formula for chart analysis, NG.K23 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NG.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.280 2.280 2.280 2.297 +0.006
Prev. Close Volume Bid Ask Time
2.280 1 2020-01-06 11:11:01
Expiration2023-04-26Open Time09:00
Close Time14:30
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