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Spread Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

NATURAL GAS Feb 2023/May 2023 Spread (NYMEX:NG.G23_K23)

Long-Term Downtrend (-90) - NG.G23_K23 is in a strong downtrend that is likely to continue. While NG.G23_K23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.G23_K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.G23_K23.

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NYMEX_NG.G23_K23
Open High Low NG.G23_K23 Price Change
1.036 1.036 1.033 1.008 +0.081
Entry Signal

MarketClub’s Trade Triangles for NG.G23_K23

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for NG.G23_K23

Based on our trend formula, NG.G23_K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.G23_K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.036 1.036 1.033 1.008 +0.081
Prev. Close Volume Bid Ask Time
1.008 4 2022-01-21 03:05:37
Open Time09:00Close Time14:30
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