Future Trend Analysis Report
Prepared for you on Tuesday, May 30, 2023.
NATURAL GAS (E-MINI) Sep 2023 (NYMEX:QG.U23)
Bear Market Rally (-75) - QG.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QG.U23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QG.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QG.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QG.U23
The long-term trend has been DOWN since Dec 4th, 2022 at 4.91
The intermediate-term trend has been UP since May 18th, 2023 at 2.73
The short-term trend has been DOWN since May 22nd, 2023 at 2.70
Smart Scan Analysis for QG.U23
Based on our trend formula, QG.U23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).