Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
HENRY HUB FINANCIAL Oct 2019 (NYMEX:HP.V19)
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.V19
The long term trend has been DOWN since Mar 12th, 2019 at 2.904
The intermediate term trend has been DOWN since Jul 25th, 2019 at 2.258
The short term trend has been UP since Aug 14th, 2019 at 2.144
Smart Scan Analysis for HP.V19
Based on a pre-defined weighted trend formula for chart analysis, HP.V19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.815||Contract High Date||2018-11-28|
|Contract Low||2.621||Contract Low Date||2018-09-06|
|Open Time||09:00||Close Time||14:30|