Future Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
NATURAL GAS May 2019 (NYMEX:NG.K19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NG.K19
The long term trend has been DOWN since Jan 3rd, 2019 at 2.602
The intermediate term trend has been UP since Feb 24th, 2019 at 2.767
The short term trend has been UP since Mar 19th, 2019 at 2.860
Smart Scan Analysis for NG.K19
Based on a pre-defined weighted trend formula for chart analysis, NG.K19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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