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Spread Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

NATURAL GAS Sep 2020/Nov 2021 Spread (NYMEX:NG.U20_X21)

Long-Term Downtrend (-90) - NG.U20_X21 is in a strong downtrend that is likely to continue. While NG.U20_X21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG.U20_X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U20_X21.

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

NYMEX_NG.U20_X21
Open High Low NG.U20_X21 Price Change
-0.521 -0.521 -0.521 -0.521 +0.020
Entry Signal

MarketClub’s Trade Triangles for NG.U20_X21

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.U20_X21

Based on our trend formula, NG.U20_X21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.U20_X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.521 -0.521 -0.521 -0.521 +0.020
Prev. Close Volume Bid Ask Time
-0.738 1 2020-08-05 09:00:40
Open Time18:00Close Time17:00
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