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Natural Gas: Bears’ Futile Attempts Are Evident Enough To Encourage Bulls

Published 02/19/2018, 11:34 AM
Updated 07/09/2023, 06:31 AM

Since the submission of my last analysis, looking at the movement of Natural Gas futures on February 19th, 2018 at 11:11:00 in different chart patterns, I find that Natural Gas futures has been witnessing bouts of futile attempts by exhausted bears to sustain inside bulls’ territory which is evident enough to encourage bulls to start fire works during the week of February 18th, 2018.

Natural Gas Futures Price 5 Minutes Chart - Fresh Buying Is Evident

Natural Gas Futures Price 15 Minutes Chart - Fresh Buying Is Evident

Natural Gas Futures Price 4 Hr. Chart - Beginning of Bullish Consolidation

Natural Gas Futures Price Daily Chart - Fresh Buying Is Evident

Natural Gas Futures Price Daily Chart - Futile Attempts Of Bears


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1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

Latest comments

Thank you sir
US NG suppliers can sel so much for so low prices, Once they have positions, they will eventually tap the pipes in order to see rising prices.NG suppliers have more control of the price when they see there is no end to give away NG below world markets.Wednesday is the roll over day to April contracts.
The moment you post.. its going down.. I would suggest only post in some intervals and let the market take some time otherwise your frequest suggestion will be forgratned by the forum members and they will just ignore even those who trust you like me.
Dear Mr. Tripathi Thanks for your valuable comments. I will take care about your valuable suggestions. But I would like to inform you that since I submitted this analysis, NG has touched the level of $2.660 whereas when I wrote this analysis NG was trading at 2.583 as you may see from the charts above. I work only for my valuable readers like you. Good Luck!
Still hold long position
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