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Natural Gas Bulls Look Bound To Bounce Amid Escalating Geopolitics

Published 05/08/2018, 10:15 AM
Updated 07/09/2023, 06:31 AM

Since submission of my last analysis on analysis of the movement of Natural Gas futures on May 8th, 2018 at 10:00:00 in the same chart pattern in different time frames, I find amid the growing volatility, Natural Gas futures’ sustenance at the current level indicates NG bulls’ intention to have an eye towards breakout zone. No doubt till the final outcome from President Donald Trump on Tuesday, Natural Gas futures may see volatile moves but overall trend, if able to sustain above the level of $2.717, looks to be in favor of NG bulls during this week. Now, the main focus of Natural Gas futures look to be inclined more towards escalating geopolitical drivers rather than be with shifting weather announcements. I conclude that a move $2.777 on May 8th, 2018 at 11:50:00 will confirm the continuity of uptrend voyage of Natural Gas futures during this week amid escalating geopolitics.

Natural Gas Futures 4 Hr. Chart. - Expected Trading Zones

Natural Gas Futures 1 Hr. Chart. - Expected Trading Zones

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Latest comments

ha ha. please keep it up. I make money going opposite to your analysis.
Sorry sir. Do you have any idea to this drop. Do you think it’s found it’s bottom at 2.702?? I am just curious
Hi sorry no charts?
Dear James kindly try to refresh your page or check internet connections please. Charts are absolutely there. I have checked I can see the referred charts in the analysis.
Thank you sir I will. But wow it’s collapsed since then. Have a nice day
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