Future Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
NATURAL GAS (E-MINI) Dec 2023 (NYMEX:QG.Z23)
Bear Market Rally (-75) - QG.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QG.Z23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QG.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QG.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QG.Z23
The long-term trend has been DOWN since Sep 17th, 2023 at 3.335
The intermediate-term trend has been DOWN since Aug 29th, 2023 at 3.520
The short-term trend has been UP since Sep 25th, 2023 at 3.345
Smart Scan Analysis for QG.Z23
Based on our trend formula, QG.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).