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Future Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

NATURAL GAS Sep 2023 (NYMEX:NG.U23)

Strong Downtrend (-100) - NG.U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.U23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_NG.U23
Open High Low NG.U23 Price Change
2.920 2.933 2.887 2.914 -0.019
Entry Signal

MarketClub’s Trade Triangles for NG.U23

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 4.517

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2023 at 2.854

short term down The short-term trend has been DOWN since Mar 16th, 2023 at 3.028

Smart Scan Analysis for NG.U23

Based on our trend formula, NG.U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NG.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.920 2.933 2.887 2.914 -0.019
Prev. Close Volume Bid Ask Time
2.933 359 2023-03-22 05:40:33
Expiration2023-08-29Open Time18:00
Close Time17:00
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