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Spread Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

NATURAL GAS May 2021/HH Spread (NYMEX:NG.K21_HH.K21)

Long-Term Downtrend (-90) - NG.K21_HH.K21 is in a strong downtrend that is likely to continue. While NG.K21_HH.K21 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.K21_HH.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K21_HH.K21.

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

NYMEX_NG.K21_HH.K21
Open High Low NG.K21_HH.K21 Price Change
0.00400 0.00400 0.00375 0.00400 +0.00025
Entry Signal

MarketClub’s Trade Triangles for NG.K21_HH.K21

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.K21_HH.K21

Based on our trend formula, NG.K21_HH.K21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.K21_HH.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00400 0.00400 0.00375 0.00400 +0.00025
Prev. Close Volume Bid Ask Time
0.00375 33 2021-04-22 22:43:33
Open Time18:00Close Time17:00
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