Future Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
NATURAL GAS (E-MINI) Oct 2019 (NYMEX:QG.V19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.V19
The long term trend has been DOWN since Apr 18th, 2019 at 2.690
The intermediate term trend has been UP since May 13th, 2019 at 2.700
The short term trend has been UP since May 20th, 2019 at 2.715
Smart Scan Analysis for QG.V19
Based on a pre-defined weighted trend formula for chart analysis, QG.V19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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