Future Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
NATURAL GAS Jun 2020 (NYMEX:NG.M20)
Countertrend Down (-85) - NG.M20 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 NG.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.M20
The long-term trend has been DOWN since May 13th, 2020 at 1.651
The intermediate-term trend has been DOWN since May 11th, 2020 at 1.811
The short-term trend has been UP since May 26th, 2020 at 1.760
Smart Scan Analysis for NG.M20
Based on our trend formula, NG.M20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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