Natural Gas Bulls Remain Confident

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Despite the repeated attacks of the bears, Natural Gas bulls still look fully confident to move upward once again after witnessing the weekly closing at the same level where NG found support November 2nd and seeing a good gap-up on November 5th, 2018 from the strong support levels. No doubt, quantum of volatility will remain higher, but the overall trend of Natural Gas futures will remain upward. Gap-up opening on the first trading session of the week will confirm the further continuity of uptrend in Natural Gas futures during the upcoming weeks. Let’s have a look at the movements of Natural Gas futures in the following charts:

Natural Gas Bulls Remain Confident

Natural Gas Futures Daily Chart – Expected Supports & Resistances

Natural Gas Bulls Remain Confident

Natural Gas Futures Daily Chart – Expected Territorial Zones

Natural Gas Bulls Remain Confident

Natural Gas Futures Daily Chart – Expected Trading Zones From December 30th – February 7th

Disclaimer

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

2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

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