Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
NATURAL GAS (E-MINI) Feb 2024 (NYMEX:QG.G24)
Strong Downtrend (-100) - QG.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QG.G24 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QG.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QG.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QG.G24
The long-term trend has been DOWN since Sep 15th, 2023 at 3.545
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 3.445
The short-term trend has been DOWN since Dec 1st, 2023 at 2.755
Smart Scan Analysis for QG.G24
Based on our trend formula, QG.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).