Nymex Natural Gas (NG) Break of 3.90 resistance suggests that rise from 2.409 is resuming. Further rally should be seen to test on 4.162 key near term resistance. Break there will solidify…
Tag: Natural Gas Daily Technical Outlook
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) No change in natural gas’s sideway trading from 3.90 continues. Some more consolidation might be seen but further rise is still in favor as long as 3.321 support…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Intraday outlook in Natural gas remains neutral as sideway consolidation from 3.90 is still in progress. Nevertheless, further rise is still in favor as long as 3.321 support…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural Gas continues to consolidate in range below 3.90 today. At this point, intraday outlook remains neutral. Nevertheless, with daily MACD staying positive, a short term bottom should…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) With 4 hours MACD crossed below signal line, an intraday top should be in place at 3.90. Intraday bias in Natural gas is turned neutral for the moment…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ rise from 2.409 extends further today and at this point, intraday bias remains on the upside as long as 3.321 minor support holds. As discussed before,…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) With 2.912 minor support intact, further rebound in natural gas could still be seen. However, there is no confirmation of reversal of the larger down trend as long…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ rebound from 2.409 resumed and reached as high as 3.50 so far. At this point, intraday bias is mildly on the upside as long as 2.912…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) As discussed before, rebound from 2.409 is likely completed at 3.424 already. Intraday bias in natural gas is mildly on the downside for the moment. Break of 2.744…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ rebound from 2.409 extends further to as high as 3.33 and is now pressing 50% retracement of 4.16 to 2.409 at 3.28 and 55 days EMA…