Future Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
NATURAL GAS (E-MINI) Jan 2020 (NYMEX:QG.F20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 QG.F20
The long term trend has been DOWN since Apr 23rd, 2019 at 2.995
The intermediate term trend has been DOWN since Jul 24th, 2019 at 2.670
The short term trend has been UP since Aug 14th, 2019 at 2.535
Smart Scan Analysis for QG.F20
Based on a pre-defined weighted trend formula for chart analysis, QG.F20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:15|