Spread Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
NATURAL GAS Aug 2019/Oct 2019 Spread (NYMEX:NG.Q19_V19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NG.Q19_V19
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.Q19_V19
Based on a pre-defined weighted trend formula for chart analysis, NG.Q19_V19 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||09:00||Close Time||14:30|