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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

NATURAL GAS Jul 2021 (NYMEX:NG.N21)

Countertrend Up (+85) - NG.N21 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.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.N21.

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

NYMEX_NG.N21
Open High Low NG.N21 Price Change
2.990 3.014 2.954 2.976 -0.014
Entry Signal

MarketClub’s Trade Triangles for NG.N21

long term up The long-term trend has been UP since Feb 17th, 2021 at 3.084

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 2.781

short term down The short-term trend has been DOWN since May 6th, 2021 at 2.989

Smart Scan Analysis for NG.N21

Based on our trend formula, NG.N21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NG.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.990 3.014 2.954 2.976 -0.014
Prev. Close Volume Bid Ask Time
2.990 28561 2021-05-06 14:24:04
First Delivery2021-07-31Expiration2021-06-28
Open Time09:00Close Time14:30
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