Since submission of my last analysis, I find Natural Gas bulls look too aggressive to invade bears’ territory before the announcement of impending inventory on September 4 amid growing volatility. On analysis of the movement of Natural Gas futures on September 3 in different time frames, in the same chart patterns which I’ve noted in my last analysis, I find the changing weather pattern will provide enough support to Natural Gas bulls.
Natural Gas Futures Daily Chart – An Attempt To Invade Bears’ Border
Natural Gas Futures 4 Hr. Chart – An Attempt To Sustain Above Breakout Zone
Natural Gas Futures 1 Hr. Chart – An Attempt To Sustain Above Breakout Zone
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