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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

NATURAL GAS Jun 2023 (NYMEX:NG.M23)

Countertrend Up (+85) - NG.M23 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.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.M23.

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

NYMEX_NG.M23
Open High Low NG.M23 Price Change
4.786 4.805 4.675 4.764 -0.065
Entry Signal

MarketClub’s Trade Triangles for NG.M23

long term up The long-term trend has been UP since Feb 4th, 2021 at 2.345

intermediate term up The intermediate-term trend has been UP since Jul 17th, 2022 at 4.778

short term up The short-term trend has been UP since Aug 4th, 2022 at 4.874

Smart Scan Analysis for NG.M23

Based on our trend formula, NG.M23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NG.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.786 4.805 4.675 4.764 -0.065
Prev. Close Volume Bid Ask Time
4.821 2160 2022-08-08 15:11:05
Expiration2023-05-26Open Time18:00
Close Time17:00
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