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…
Tag: Natural Gas
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) No change in Natural gas’ outlook. While some more recovery might still be seen, upside is expected to be limited below 50% retracement of 4.16 to 2.409 at…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ recovery from 2.409 extends further and at this point, further rise might still be seen. But after all, upside is expected to be limited below 50%…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Consolidations in natural gas is still in progress and further recovery cannot be ruled out. But after all, upside is expected to be limited below 50% retracement of…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ recovery from 2.409 is still in progress and some more rise could still be seen, to 4 hours 55 EMA (now at 2.811) and above. But…
Natural Gas Weekly Technical Outlook
Nymex Natural Gas (NG) Natural gas dropped sharply to as low as 2.409 last week, meeting mentioned target of 2.50 projection level before rebounding strongly. Break of 2.755 minor resistance suggests that…
Weekly Fundamental Outlook for Energies and Metals – Gold Shines Again While Crude Loses Glitter
Star of the week was obviously gold which broke out of recent broad trading range and set to resume the long uptrend with target above 1000. We find the rally impressive as…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas’ decline extended further to as low as 2.467 today so far, meeting mentioned long term projection target of 2.50. At this point, intraday bias remains on…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural ga’s down trend resumes by taking out 2.692 low and at this point, intraday bias remains on the downside as loing as 2.913 minor resistance holds. Current…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural gas falls further today and with 4 hours MACD turned negative, recent decline might be resuming. Intraday bias is mildly on the downside for 2.692 low first….