Future Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
NATURAL GAS Oct 2020 (NYMEX:NG.V20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.V20
The long term trend has been DOWN since Jun 3rd, 2019 at 2.570
The intermediate term trend has been UP since Sep 5th, 2019 at 2.394
The short term trend has been UP since Sep 15th, 2019 at 2.452
Smart Scan Analysis for NG.V20
Based on a pre-defined weighted trend formula for chart analysis, NG.V20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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