Future Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
NATURAL GAS Nov 2019 (NYMEX:NG.X19)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.X19
The long term trend has been UP since Sep 9th, 2019 at 2.601
The intermediate term trend has been UP since Aug 29th, 2019 at 2.297
The short term trend has been UP since Aug 25th, 2019 at 2.239
Smart Scan Analysis for NG.X19
Based on a pre-defined weighted trend formula for chart analysis, NG.X19 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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