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Spread Trend Analysis Report

Prepared for you on Sunday, December 8, 2019.

NATURAL GAS Nov 2020/Feb 2021 Spread (NYMEX:NG.X20_G21)

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.X20_G21
Open High Low NG.X20_G21 Price Change
-0.261 -0.261 -0.261 -0.267 +0.013
Entry Signal

MarketClub’s Trade Triangles for NG.X20_G21

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.X20_G21

Based on a pre-defined weighted trend formula for chart analysis, NG.X20_G21 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NG.X20_G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.261 -0.261 -0.261 -0.267 +0.013
Prev. Close Volume Bid Ask Time
-0.261 2 2019-12-03 17:28:26
Open Time18:00Close Time17:00
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