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Future Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

NATURAL GAS Aug 2023 (NYMEX:NG.Q23)

Countertrend Up (+85) - NG.Q23 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.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.Q23.

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

NYMEX_NG.Q23
Open High Low NG.Q23 Price Change
2.603 2.603 2.603 2.607 -0.005
Entry Signal

MarketClub’s Trade Triangles for NG.Q23

long term up The long-term trend has been UP since Oct 29th, 2020 at 2.395

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2021 at 2.496

short term up The short-term trend has been UP since Jun 1st, 2021 at 2.499

Smart Scan Analysis for NG.Q23

Based on our trend formula, NG.Q23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NG.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.603 2.603 2.603 2.607 -0.005
Prev. Close Volume Bid Ask Time
2.610 10 2021-06-15 17:28:46
Expiration2023-07-27Open Time18:00
Close Time17:00
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