Spread Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
NATURAL GAS Jun 2021/Jul 2021 Spread (NYMEX:NG.M21_N21)
Bear Market Rally (-75) - NG.M21_N21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.M21_N21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NG.M21_N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M21_N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.M21_N21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for NG.M21_N21
Based on our trend formula, NG.M21_N21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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