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Spread Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

NATURAL GAS Nov 2020/Mar 2021 Spread (NYMEX:NG.X20_H21)

Bear Market Rally (-75) - NG.X20_H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG.X20_H21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NG.X20_H21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.X20_H21.

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

NYMEX_NG.X20_H21
Open High Low NG.X20_H21 Price Change
-0.242 -0.232 -0.284 -0.279 -0.037
Entry Signal

MarketClub’s Trade Triangles for NG.X20_H21

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_H21

Based on our trend formula, NG.X20_H21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NG.X20_H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.242 -0.232 -0.284 -0.279 -0.037
Prev. Close Volume Bid Ask Time
-0.470 137 2020-08-06 15:36:12
Open Time09:00Close Time14:30
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