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Expected Trading Zone After Impending Announcement

Published 02/16/2017, 09:39 AM
Updated 07/09/2023, 06:31 AM

Expected Trading Zone After Impending Announcement on February 16th, 2017. Natural Gas analysis in 1 Hour Chart on February 16th, 2017 at 09:00:00.

Disclaimer: This analysis is purely based on the technical observations. I do not have any position in natural gas. One can create position in natural gas at his/her own risk.

Latest comments

Hello Mr Satendar Singh could you please advice if this could touch $2.70 area .
That mean bearish trend?
Dear Mr. I. K., . . Sorry for the delay in responding your querry. I don't think so that we are going below $2.8011 level at least for few days.The current level of $2.847 is technically strong enough for a bounce back in a day or two. I feel that the forthcoming weather announcement will be quite supportivefor an up move very soon. You may kindly go through my last three four articles once again to clear your all doubts regarding a down move in the range of $2.70 range.. With kind regards,. . Satendra Singh
hello Mr. Singh, thank u for ur view on natural gas. R u still optimistic about reversal and possible uptrend to 3.7-4 $ price in next few weeks despite more than avg warm winter and upcoming bearish inventories report projection ? Thank u !!
Dear Mr. ttp rr, Thanks for your query. I have explained my views in my recently published article "Natural Gas: Gaps To Be Filled By Gap Ups Soon. By Satendra SinghCommoditiesFeb 17, 2017 10:36AM ET. I request you kindly read this at your earliest. I would like to have your valuable comments on my above mentioned article. . Secondly, formation at the end of last trading session in 1 Hr. Chart seems quite enough for a bounce. And you would definitely find that the dream of an up move crossing 3.7 - 4 will be realized in few weeks. But don't take or hold any position on my advice because this is my personal opinion and all the technical equations may suddenly reversed if any sudden weather changing report comes all of a sudden. Thanks a lot once again..
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