Natural Gas Bulls Emboldened By Trade Optimism

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Since the inflow of news on growing optimism on tariff trade war front that a trade deal could be reached between the United States and China, was boosted; when U.S. President Donald Trump said talks were going “very well”. This Statement from the U.S. President has raised the level of hopes for resolving the tariff trade war, and I find that the quantum of optimism is evident enough to encourage the Natural Gas bulls to go upward and to overlook the upcoming impending inventory announcement. On the other hand, I find that the upcoming inventory levels may be of more withdrawal than the expected levels, which will provide a strong boost to Natural Gas bulls to move upward till the weekly closing.

Natural Gas Bulls Emboldened By Trade Optimism

Natural Gas Futures 1 Hr. Chart – Outlook For February 14th, 2019

Natural Gas Bulls Emboldened By Trade Optimism

Natural Gas Futures 15 Minutes Chart – Outlook For February 14th, 2019

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