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Spread Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

NATURAL GAS (E-MINI) May 2023/Jun 2023 Spread (NYMEX:QG.K23_M23)

Strong Downtrend (-100) - QG.K23_M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QG.K23_M23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QG.K23_M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QG.K23_M23.

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

NYMEX_QG.K23_M23
Open High Low QG.K23_M23 Price Change
-0.060 -0.060 -0.060 -0.065 -0.005
Entry Signal

MarketClub’s Trade Triangles for QG.K23_M23

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 QG.K23_M23

Based on our trend formula, QG.K23_M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QG.K23_M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.060 -0.060 -0.060 -0.065 -0.005
Prev. Close Volume Bid Ask Time
-0.060 11 2022-06-29 11:33:07
Open Time18:00Close Time17:15
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