Natural Gas Looks Ready For A Technical Bounce

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Since my last analysis of Natural Gas, I find that Natural Gas looks ready for a technical bounce from the current levels before the impending inventory. Volatility may remain on the high side, but a sustainable move above $4.156 will result in eruption of short-covering rallies till the weekly closing; because natural gas bears will find it difficult to sustain amid suffocated compartments for a long time. Let’s have a look at the current movements of Natural Gas futures in the following charts.

Natural Gas Looks Ready For A Technical Bounce

Weekly Natural Gas

Natural Gas Looks Ready For A Technical Bounce

Daily Natural Gas

Natural Gas Looks Ready For A Technical Bounce

4-Hour Natural Gas

Natural Gas Looks Ready For A Technical Bounce

1-Hour Natural Gas

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