Future Trend Analysis Report
Prepared for you on Saturday, August 17, 2019.
NATURAL GAS Oct 2019 (NYMEX:NG.V19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Jul 21st, 2019 at 2.245
The short term trend has been UP since Aug 13th, 2019 at 2.159
Smart Scan Analysis for NG.V19
Based on a pre-defined weighted trend formula for chart analysis, NG.V19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||09:00||Close Time||14:30|