Future Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
NATURAL GAS (E-MINI) Jan 2020 (NYMEX:QG.F20)
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 QG.F20
The long term trend has been DOWN since Apr 23rd, 2019 at 2.995
The intermediate term trend has been UP since Jul 8th, 2019 at 2.770
The short term trend has been DOWN since Jul 15th, 2019 at 2.830
Smart Scan Analysis for QG.F20
Based on a pre-defined weighted trend formula for chart analysis, QG.F20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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