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Natural Gas: Expected Gap Opening And Further Trading Zones

Published 09/17/2017, 04:49 AM
Updated 07/09/2023, 06:31 AM

Natural Gas futures price movement still seems to be on the front foot. Weekly closing of the natural gas futures on September 15th, 2017 seems evident enough to indicate a thick presence of buyers at the current level. On the other hand, Bears seem too eager to sell every rally. Both factors may result a Gap Opening on either side on the first trading session of the Week of September 17th, 2017. I conclude some expected propositional opening zones and the zigzag moves following the opening afterwards accordingly in 15 minute Chart.

No doubt, opening price level on the first trading day of the Week plays an important role in deciding the further directional move level on the first trading session of the forthcoming Week. I conclude two probable closing levels on September 17th -18th, 2017 which will prefer to make the movement of Natural Gas futures price for the rest of the Week of September 17th, 2017.

Have a nice trading week. Good luck.

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

Natural Gas 15 Minutes Chart

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