Market Overview

Technical Forecast for Natural Gas

Technical Forecast for Natural Gas


Natural Gas did break above 4.097 to take us up towards 4.163. We did struggle in this area & make a high for the day exactly as predicted but if we push on today we could reach 4.230/250. We are overbought short term so exit longs & try shorts here with stops above 4.275.
Failure to hold above yesterday’s low of 4.063 however meets good support at 4.034/015 & a low for the day possible here.

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Posted-In: Technicals Commodities Markets Trading Ideas


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