Future Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
NATURAL GAS Oct 2019 (NYMEX:NG.V19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for NG.V19
The long term trend has been UP since Aug 14th, 2018 at 2.734
The intermediate term trend has been DOWN since Feb 3rd, 2019 at 2.801
The short term trend has been DOWN since Feb 13th, 2019 at 2.802
Smart Scan Analysis for NG.V19
Based on a pre-defined weighted trend formula for chart analysis, NG.V19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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