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Spread Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

NATURAL GAS Jun 2020/Jul 2020 Spread (NYMEX:NG.M20_N20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_NG.M20_N20
Open High Low NG.M20_N20 Price Change
-0.041 -0.039 -0.041 -0.040 +0.002
Entry Signal

MarketClub’s Trade Triangles for NG.M20_N20

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.M20_N20

Based on a pre-defined weighted trend formula for chart analysis, NG.M20_N20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for NG.M20_N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.041 -0.039 -0.041 -0.040 +0.002
Prev. Close Volume Bid Ask Time
-0.036 85 2019-08-20 12:10:12
Open Time18:00Close Time17:00
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