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Spread Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

NATURAL GAS Dec 2020/Apr 2021 Spread (NYMEX:NG.Z20_J21)

Long-Term Downtrend (-90) - NG.Z20_J21 is in a strong downtrend that is likely to continue. While NG.Z20_J21 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.Z20_J21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Z20_J21.

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

NYMEX_NG.Z20_J21
Open High Low NG.Z20_J21 Price Change
0.369 0.370 0.321 0.344 -0.033
Entry Signal

MarketClub’s Trade Triangles for NG.Z20_J21

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.Z20_J21

Based on our trend formula, NG.Z20_J21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG.Z20_J21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.369 0.370 0.321 0.344 -0.033
Prev. Close Volume Bid Ask Time
0.304 172 2020-09-22 16:04:40
Open Time09:00Close Time14:30
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