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Spread Trend Analysis Report

Prepared for you on Monday, July 15, 2019.

NATURAL GAS Aug 2019/Nov 2019 Spread (NYMEX:NG.Q19_X19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NYMEX_NG.Q19_X19
Open High Low NG.Q19_X19 Price Change
-0.103 -0.091 -0.107 -0.101 +0.003
Entry Signal

MarketClub’s Trade Triangles for NG.Q19_X19

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.Q19_X19

Based on a pre-defined weighted trend formula for chart analysis, NG.Q19_X19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NG.Q19_X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.103 -0.091 -0.107 -0.101 +0.003
Prev. Close Volume Bid Ask Time
-0.106 2980 2019-07-15 13:31:44
Open Time09:00Close Time14:30
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