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Future Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
NATURAL GAS (E-MINI) Jun 2023 (NYMEX:QG.M23)
Sidelines Mode (+55) - QG.M23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QG.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QG.M23.
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 QG.M23
The long-term trend has been DOWN since Dec 22nd, 2022 at 4.475
The intermediate-term trend has been UP since May 18th, 2023 at 2.525
The short-term trend has been DOWN since May 22nd, 2023 at 2.490
Smart Scan Analysis for QG.M23
Based on our trend formula, QG.M23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.420 | 2.420 | 2.260 | 2.307 | -0.105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.300 | 1008 | 2023-05-25 14:29:37 |
| Expiration | 2023-05-25 | Open Time | 18:00 |
| Close Time | 17:15 |