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Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
NATURAL GAS Jul 2024 (NYMEX:NG.N24)
Countertrend Down (-85) - NG.N24 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.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NG.N24
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.158
The intermediate-term trend has been DOWN since May 10th, 2023 at 3.318
The short-term trend has been UP since Jun 5th, 2023 at 3.264
Smart Scan Analysis for NG.N24
Based on our trend formula, NG.N24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.264 | 3.264 | 3.264 | 3.264 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.264 | 4 | 2023-06-09 03:28:00 |
| Expiration | 2024-06-26 | Open Time | 09:00 |
| Close Time | 14:30 |