Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
NATURAL GAS (E-MINI) Jan 2024 (NYMEX:QG.F24)
Countertrend Down (-85) - QG.F24 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QG.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QG.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QG.F24
The long-term trend has been DOWN since Dec 22nd, 2022 at 5.680
The intermediate-term trend has been DOWN since May 30th, 2023 at 3.705
The short-term trend has been UP since Jun 5th, 2023 at 3.735
Smart Scan Analysis for QG.F24
Based on our trend formula, QG.F24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).