Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

NATURAL GAS Aug 2020 (NYMEX:NG.Q20)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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.

NYMEX_NG.Q20
Open High Low NG.Q20 Price Change
2.169 2.197 2.167 2.184 +0.014
Entry Signal

MarketClub’s Trade Triangles for NG.Q20

long term down The long term trend has been DOWN since Nov 29th, 2019 at 2.297

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2020 at 2.258

short term up The short term trend has been UP since Jan 23rd, 2020 at 2.189

Smart Scan Analysis for NG.Q20

Based on a pre-defined weighted trend formula for chart analysis, NG.Q20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NG.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.169 2.197 2.167 2.184 +0.014
Prev. Close Volume Bid Ask Time
2.322 671 2020-01-23 09:14:40
First Delivery2020-08-31Expiration2020-07-29
Open Time18:00Close Time17:00
Get a free daily report for NATURAL GAS Aug 2020 (NG.Q20) - Free Trend Analysis Report.