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Natural Gas: Expected Trading Zone For April 2017 Important Levels

BySatendra Singh
Published 04/04/2017, 10:40 PM
Updated 07/09/2023, 06:31 AM


Natural Gas futures price seems to be moving on a well defined path within an expected zone in a Daily Chart as I predicted in my last two analyses in which I have described two important zones. First, the formation of a Bear Trapping Zone and second important thing is to be noticed in the same chat “An uptrend path going through three proposed zone”. I have once again well defined this Bear Trapping Zone within the “Expected Monthly Trading Zone For April, 2017 in my analysis. Current position of the natural gas can be seen on April 4th, 2017 at 22:10:00.


Well, my aim is to provide a clear close look of Expected Monthly Zone for the month of April, 2017 for having a close vigil on the levels on which natural gas futures price gets support and faces resistance for the correct timely evaluation of a move for future direction of the price movement, specially for the forthcoming impending inventory announcement on Thursday.

Have a Nice Trading Day.

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.
Natural Gas 4 Hr. Chart – Formation of a Bear Trapping Zone

Natural Gas Daily Chart

Latest comments

Excellent analysis, Mr Singh. I always enjoy reading your take on the NG market. Thanks for you hard work and dedication.
Dear Mr.Franklin, . . Thanks a lot for your valuable comments.I am feeling more satiated after working hard to conclude my self developed methodology for analysis a move in natural gas. Your comments are really more than reward for me.
Don't you worry that's too early on these high prices?and this is only a bear flag formation without mid term up trend have been validated?
Dear Mr. Alex,. . Thanks for your valuable opinion. But I can conclude that the natural gas futures price has enough strength to move up against all odds. This is my personal opinion. I don't advice you or anybody else to follow my personal opinion.. . I would like to only say that mapping a natural gas move is like playing a game, made to mapping the psychological perception of human being. What you are finding as a formation of a bear flag, my perception may be differ from a majority, I may see this formation as a struggling move to enter a new trading zone in an upper range.. . I hope you would not take my comments otherwise. An analyst has to use all fundamental, technical and specially the psychological tools before writing a piece of Analysis. This is the only quality which keeps him apart from a group of traders.
Thank you for your time answering.Of i won't take your comments otherwise,it's always nice to discuss and share different ideas.
Dear Mr. Alex thanks a lot once again for your previou comment which were so encouraging for me to discuss the issue raised by to be discussed widely and you really inspires me to write one more analysis "Natural Gas: Psychological Perceptions And Decisive Moves" have just appeared.
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