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Spread Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

NATURAL GAS Jul 2023/Nov 2023 Spread (NYMEX:NG.N23_X23)

Strong Downtrend (-100) - NG.N23_X23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG.N23_X23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.N23_X23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.N23_X23.

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

NYMEX_NG.N23_X23
Open High Low NG.N23_X23 Price Change
-0.122 -0.122 -0.125 -0.141 -0.016
Entry Signal

MarketClub’s Trade Triangles for NG.N23_X23

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.N23_X23

Based on our trend formula, NG.N23_X23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NG.N23_X23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.122 -0.122 -0.125 -0.141 -0.016
Prev. Close Volume Bid Ask Time
-0.125 6 2022-01-12 14:26:31
Open Time18:00Close Time17:00
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