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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.

NYMEX_NG.M20
Open High Low NG.M20 Price Change
1.774 1.815 1.711 1.721 -0.054
Entry Signal

MarketClub’s Trade Triangles for NG.M20

long term down The long-term trend has been DOWN since May 13th, 2020 at 1.651

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 1.811

short term up 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).

-85
Smart Scan Analysis for NG.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.774 1.815 1.711 1.721 -0.054
Prev. Close Volume Bid Ask Time
1.756 2993 2020-05-27 14:29:41
First Delivery2020-06-30Expiration2020-05-27
Open Time18:00Close Time17:00
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