Future Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
HENRY HUB FINANCIAL Sep 2019 (NYMEX:HP.U19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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.
MarketClub’s Trade Triangles for HP.U19
The long term trend has been DOWN since Mar 12th, 2019 at 2.891
The intermediate term trend has been DOWN since Jul 24th, 2019 at 2.225
The short term trend has been UP since Aug 13th, 2019 at 2.104
Smart Scan Analysis for HP.U19
Based on a pre-defined weighted trend formula for chart analysis, HP.U19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.792||Contract High Date||2018-11-28|
|Contract Low||2.604||Contract Low Date||2018-09-06|
|Open Time||09:00||Close Time||14:30|