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Future Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

NATURAL GAS Jun 2020 (NYMEX:NG.M20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NYMEX_NG.M20
Open High Low NG.M20 Price Change
2.296 2.296 2.265 2.276 -0.031
Entry Signal

MarketClub’s Trade Triangles for NG.M20

long term down The long term trend has been DOWN since May 31st, 2019 at 2.519

intermediate term down The intermediate term trend has been DOWN since May 30th, 2019 at 2.543

short term down The short term trend has been DOWN since Aug 16th, 2019 at 2.271

Smart Scan Analysis for NG.M20

Based on a pre-defined weighted trend formula for chart analysis, NG.M20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NG.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.296 2.296 2.265 2.276 -0.031
Prev. Close Volume Bid Ask Time
2.554 1117 2019-08-16 16:10:04
First Delivery2020-06-30Expiration2020-05-27
Open Time09:00Close Time14:30
Want to analyze NATURAL GAS Jun 2020 NG.M20 or another symbol? Try our Free Future Trend Analysis Report.