Since my last analysis, where I noted “Extra cautious approach is the need of the hour due to growing indecisiveness at every step”; eruption of exacerbated moves by the Natural Gas bulls and the bears well as I expected. Now, the Natural Gas futures look ready to behave. I’ve found the following expected trading zones for the week of November 18, 2018. No doubt that the weekly closing level of Natural Gas futures will play a decisive role in defining the further directional moves of Natural Gas futures, but volatility is likely to remain on the forefront. Let’s have a look at the current position of Natural Gas futures in the following charts.
Weekly Natural Gas
Daily Natural Gas
4-Hour Natural Gas
1-Hour Natural Gas
Disclaimer: This analysis is only for educational purpose. Readers are requested to kindly consider their own view first, before taking any position.