Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
NATURAL GAS Sep 2021 (NYMEX:NG.U21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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.U21
The long term trend has been UP since Nov 6th, 2018 at 2.534
The intermediate term trend has been UP since Jan 10th, 2019 at 2.545
The short term trend has been UP since Jan 10th, 2019 at 2.545
Smart Scan Analysis for NG.U21
Based on a pre-defined weighted trend formula for chart analysis, NG.U21 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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