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Spread Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

NATURAL GAS Apr 2023/May 2023 Spread (NYMEX:NG.J23_K23)

Strong Downtrend (-100) - NG.J23_K23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.J23_K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J23_K23.

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

NYMEX_NG.J23_K23
Open High Low NG.J23_K23 Price Change
0.025 0.027 0.024 0.026 -0.001
Entry Signal

MarketClub’s Trade Triangles for NG.J23_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.J23_K23

Based on our trend formula, NG.J23_K23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NG.J23_K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025 0.027 0.024 0.026 -0.001
Prev. Close Volume Bid Ask Time
0.026 200 2021-04-16 14:23:38
Open Time18:00Close Time17:00
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