Future Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
NATURAL GAS (E-MINI) Apr 2020 (NYMEX:QG.J20)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.J20
The long term trend has been DOWN since Nov 29th, 2019 at 2.225
The intermediate term trend has been DOWN since Jan 16th, 2020 at 2.065
The short term trend has been DOWN since Jan 15th, 2020 at 2.135
Smart Scan Analysis for QG.J20
Based on a pre-defined weighted trend formula for chart analysis, QG.J20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).