Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
NATURAL GAS (E-MINI) Jan 2020 (NYMEX:QG.F20)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 QG.F20
The long term trend has been UP since Sep 13th, 2019 at 2.880
The intermediate term trend has been DOWN since Sep 29th, 2019 at 2.675
The short term trend has been UP since Oct 14th, 2019 at 2.620
Smart Scan Analysis for QG.F20
Based on a pre-defined weighted trend formula for chart analysis, QG.F20 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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