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Future Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

NATURAL GAS Apr 2023 (NYMEX:NG.J23)

Bull Market Weakness (+75) - NG.J23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG.J23 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NG.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.J23.

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

NYMEX_NG.J23
Open High Low NG.J23 Price Change
5.030 5.239 5.015 5.239 +0.220
Entry Signal

MarketClub’s Trade Triangles for NG.J23

long term up The long-term trend has been UP since Feb 2nd, 2021 at 2.394

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2022 at 4.795

short term up The short-term trend has been UP since Aug 10th, 2022 at 4.930

Smart Scan Analysis for NG.J23

Based on our trend formula, NG.J23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NG.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.030 5.239 5.015 5.239 +0.220
Prev. Close Volume Bid Ask Time
5.019 8146 2022-08-11 14:07:55
Expiration2023-03-29Open Time18:00
Close Time17:00
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