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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.

NYMEX_QG.U23
Open High Low QG.U23 Price Change
2.445 2.445 2.440 2.445 0.000
Entry Signal

MarketClub’s Trade Triangles for QG.U23

long term down The long-term trend has been DOWN since Dec 4th, 2022 at 4.91

intermediate term up The intermediate-term trend has been UP since May 18th, 2023 at 2.73

short term down 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).

-75
Smart Scan Analysis for QG.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.445 2.445 2.440 2.445 0.000
Prev. Close Volume Bid Ask Time
2.445 98 2023-05-30 03:11:21
Expiration2023-08-28Open Time18:00
Close Time17:15
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