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Spread Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

NATURAL GAS Jun 2021/Oct 2021 Spread (NYMEX:NG.M21_V21)

Bear Market Rally (-75) - NG.M21_V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.M21_V21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NG.M21_V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M21_V21.

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

NYMEX_NG.M21_V21
Open High Low NG.M21_V21 Price Change
-0.047 -0.043 -0.050 -0.049 -0.005
Entry Signal

MarketClub’s Trade Triangles for NG.M21_V21

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_V21

Based on our trend formula, NG.M21_V21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NG.M21_V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.047 -0.043 -0.050 -0.049 -0.005
Prev. Close Volume Bid Ask Time
-0.044 32 2020-06-05 16:32:59
Open Time18:00Close Time17:00
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