Since my last analysis on analysis of the movements of Natural Gas Futures in different time frames, I find that the bulls appear too eager to bounce unexpectedly up to the extreme levels at the opening on the first trading session of the Week of March 10th, 2019. On historical analysis of the movements of Natural Gas futures, I find many instances of a sudden steep bounce in the mid of March, which may result in $1 bounce from the current levels of Natural Gas futures during the mid of this month. Formation of “Golden Cross” in Natural Gas futures 4 Hr. Chart, on March 4th, 2019 compels Natural Gas bulls to bounce up to $3.888 during the upcoming week. A weekly opening with the extreme gap-up will confirm the continuity of upward bouncing moves ahead.
Natural Gas Futures 4 Hr. Chart – Expected Trading Zones For The Week Of March 10th, 2019
Natural Gas Futures 1 Hr. Chart – Expected Trading Zones For The Week Of March 10th, 2019
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