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Natural Gas: Beginning Of A Breakout

Published 09/30/2017, 01:16 AM
Updated 07/09/2023, 06:31 AM

Natural Gas Futures price seems eager for a Breakout after trading amid a narrow range for a long time. A gap up opening on the first trading session will confirm this possible breakout. Bulls seem busy to plan strategy to thrash Bears in a single stretch. A continuous sustenance of natural gas futures price above $3.089 will point out the beginning of this Breakout.

Have A Nice Trading Time. 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 Daily Chart - Beginning of A Breakout Amid 2nd - 10th October 2017

Natural Gas 4 Hr Chart - Beginning of A Breakout Amid 2nd - 10th October 2017

Natural Gas 1 Hr Chart - Beginning of A Breakout Amid 2nd - 10th October 2017

Latest comments

When this guy write that is bullish, it is very bearish, he is a MM worker.. MM's paid to misslead people!
Very hard beginninig... wrong again, or not? :D
There is too many bullish technicals and fundamentals coming together to dent it. Especially with an extremely low injection next week putting us under 5 year average. Seasonality will also change sentiment. Huge short positions open as well. Once NG on a steady rise it will be a huge short covering rally. NG should way overshoot and run hot RSI for a couple weeks then come back down to a more reasonable number before heading to at least $4 if not more. NOAA already issued a La Niña warning. We will get to hear their official winter report in a couple weeks.
Dear Mr. Trevor thanks a lot for sharing your valuable comments. I really appreciate the way you meditate so deep on forthcoming fundamentals and as well as technical formations of Natural Gas.
Yup
Dear Mr. Breeze thanks a lot for your kind support. I would like to know your valuable comments of an experienced person like you on the views expressed by dear brother Mr. Trevor.
 It is pitiful that He is doing..
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