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Spread Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

NATURAL GAS Aug 2023/Oct 2023 Spread (NYMEX:NG.Q23_V23)

Bear Market Rally (-75) - NG.Q23_V23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.Q23_V23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NG.Q23_V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q23_V23.

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

NYMEX_NG.Q23_V23
Open High Low NG.Q23_V23 Price Change
-0.019 -0.018 -0.021 -0.022 -0.003
Entry Signal

MarketClub’s Trade Triangles for NG.Q23_V23

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.Q23_V23

Based on our trend formula, NG.Q23_V23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NG.Q23_V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.019 -0.018 -0.021 -0.022 -0.003
Prev. Close Volume Bid Ask Time
-0.019 6 2022-01-18 17:28:40
Open Time09:00Close Time14:30
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