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Spread Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

NATURAL GAS Jun 2021/Jan 2022 Spread (NYMEX:NG.M21_F22)

Long-Term Downtrend (-90) - NG.M21_F22 is in a strong downtrend that is likely to continue. While NG.M21_F22 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.M21_F22?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M21_F22.

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

NYMEX_NG.M21_F22
Open High Low NG.M21_F22 Price Change
-0.323 -0.323 -0.327 -0.327 +0.006
Entry Signal

MarketClub’s Trade Triangles for NG.M21_F22

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.M21_F22

Based on our trend formula, NG.M21_F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.M21_F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.323 -0.323 -0.327 -0.327 +0.006
Prev. Close Volume Bid Ask Time
-0.302 9 2020-07-29 12:48:47
Open Time09:00Close Time14:30
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