Spread Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
NATURAL GAS Jun 2023/HH Spread (NYMEX:NG.M23_HH.M23)
Weak Downtrend (-65) - NG.M23_HH.M23 is showing signs of a strengthening downtrend. Monitor NG.M23_HH.M23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NG.M23_HH.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M23_HH.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NG.M23_HH.M23
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.M23_HH.M23
Based on our trend formula, NG.M23_HH.M23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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