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Spread Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_H21
Open High Low NG.X20_H21 Price Change
-0.123 -0.123 -0.123 -0.123 -0.007
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 a pre-defined weighted trend formula for chart analysis, NG.X20_H21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NG.X20_H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.123 -0.123 -0.123 -0.123 -0.007
Prev. Close Volume Bid Ask Time
-0.125 3 2019-10-08 10:02:55
Open Time18:00Close Time17:00
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