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Prepared for you on Sunday, August 7, 2022.

NATURAL GAS AUG 24/DEC 24 (NYMEX:QNG.Q24-QNG.Z24)

Long-Term Downtrend (-90) - QNG.Q24-QNG.Z24 is in a strong downtrend that is likely to continue. While QNG.Q24-QNG.Z24 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 QNG.Q24-QNG.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNG.Q24-QNG.Z24.

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

NYMEX_QNG.Q24-QNG.Z24
Open High Low QNG.Q24-QNG.Z24 Price Change
-0.606 -0.606 -0.606 -0.606 0
Entry Signal

MarketClub’s Trade Triangles for QNG.Q24-QNG.Z24

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 QNG.Q24-QNG.Z24

Based on our trend formula, QNG.Q24-QNG.Z24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QNG.Q24-QNG.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.606 -0.606 -0.606 -0.606 0
Prev. Close Volume Bid Ask Time
-0.606 0 2022-08-05 00:00:00
Expiration2024-07-29
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