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Future Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

NATURAL GAS Jan 2024 (NYMEX:NG.F24)

Countertrend Up (+85) - NG.F24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid NG.F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.F24.

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

NYMEX_NG.F24
Open High Low NG.F24 Price Change
3.719 3.719 3.670 3.705 +0.015
Entry Signal

MarketClub’s Trade Triangles for NG.F24

long term up The long-term trend has been UP since Nov 18th, 2020 at 2.833

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2022 at 3.700

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 3.681

Smart Scan Analysis for NG.F24

Based on our trend formula, NG.F24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NG.F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.719 3.719 3.670 3.705 +0.015
Prev. Close Volume Bid Ask Time
3.685 900 2022-01-19 13:39:08
Expiration2023-12-27Open Time18:00
Close Time17:00
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