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Future Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

NATURAL GAS Sep 2023 (NYMEX:NG.U23)

Countertrend Down (-85) - NG.U23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid NG.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.U23.

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

NYMEX_NG.U23
Open High Low NG.U23 Price Change
3.195 3.195 3.178 3.179 -0.020
Entry Signal

MarketClub’s Trade Triangles for NG.U23

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 4.517

intermediate term down The intermediate-term trend has been DOWN since Dec 22nd, 2022 at 4.616

short term up The short-term trend has been UP since Feb 7th, 2023 at 3.115

Smart Scan Analysis for NG.U23

Based on our trend formula, NG.U23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NG.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.195 3.195 3.178 3.179 -0.020
Prev. Close Volume Bid Ask Time
3.260 137 2023-02-07 22:33:59
Expiration2023-08-29Open Time09:00
Close Time14:30
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