Future Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
NATURAL GAS (E-MINI) Aug 2019 (NYMEX:QG.Q19)
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.Q19
The long term trend has been DOWN since Apr 17th, 2019 at 2.685
The intermediate term trend has been DOWN since Jul 21st, 2019 at 2.235
The short term trend has been UP since Jul 22nd, 2019 at 2.300
Smart Scan Analysis for QG.Q19
Based on a pre-defined weighted trend formula for chart analysis, QG.Q19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:15|