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Spread Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

NATURAL GAS May 2021/Oct 2022 Spread (NYMEX:NG.K21_V22)

Strong Downtrend (-100) - NG.K21_V22 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.K21_V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.K21_V22.

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

NYMEX_NG.K21_V22
Open High Low NG.K21_V22 Price Change
0.246 0.301 0.246 0.323 +0.017
Entry Signal

MarketClub’s Trade Triangles for NG.K21_V22

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_V22

Based on our trend formula, NG.K21_V22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NG.K21_V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.246 0.301 0.246 0.323 +0.017
Prev. Close Volume Bid Ask Time
0.299 7 2021-02-26 13:23:26
Open Time18:00Close Time17:00
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