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Spread Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

NATURAL GAS Mar 2023/Jun 2023 Spread (NYMEX:NG.H23_M23)

Long-Term Downtrend (-90) - NG.H23_M23 is in a strong downtrend that is likely to continue. While NG.H23_M23 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.H23_M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.H23_M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_NG.H23_M23
Open High Low NG.H23_M23 Price Change
0.747 0.780 0.747 0.770 +0.043
Entry Signal

MarketClub’s Trade Triangles for NG.H23_M23

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.H23_M23

Based on our trend formula, NG.H23_M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.H23_M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.747 0.780 0.747 0.770 +0.043
Prev. Close Volume Bid Ask Time
0.770 2 2022-01-14 12:40:30
Open Time18:00Close Time17:00
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