Future Trend Analysis Report
Prepared for you on Tuesday, June 25, 2019.
NATURAL GAS Oct 2019 (NYMEX:NG.V19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.
MarketClub’s Trade Triangles for NG.V19
The long term trend has been DOWN since Apr 17th, 2019 at 2.678
The intermediate term trend has been DOWN since May 24th, 2019 at 2.604
The short term trend has been UP since Jun 24th, 2019 at 2.219
Smart Scan Analysis for NG.V19
Based on a pre-defined weighted trend formula for chart analysis, NG.V19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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