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Spread Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

NATURAL GAS Jun 2020/Dec 2020 Spread (NYMEX:NG.M20_Z20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_Z20
Open High Low NG.M20_Z20 Price Change
-0.338 -0.335 -0.343 -0.338 -0.001
Entry Signal

MarketClub’s Trade Triangles for NG.M20_Z20

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_Z20

Based on a pre-defined weighted trend formula for chart analysis, NG.M20_Z20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NG.M20_Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.338 -0.335 -0.343 -0.338 -0.001
Prev. Close Volume Bid Ask Time
-0.340 28 2019-12-06 15:55:30
Open Time09:00Close Time14:30
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