Natural Gas: Will The Upward Trend Continue?

17

Since my last analysis, I felt the changing weather pattern amid growing expectations for more cold weather during the upcoming weeks ahead; which looked to be prevailing over the smart investors; before the weekly closing of Natural Gas on January 11th, 2019. While I was analyzing the movements of Natural Gas before the Weekly closing, I sensed the quantum of buying was evident enough for a sudden changing weather pattern very soon. Finally, I conclude that a good gap-up opening on the first trading session of the Week of January 13th, 2019 will confirm the continuity of current uptrend during the upcoming weeks.

Natural Gas: Will The Upward Trend Continue?

Natural Gas Futures 1 Hr. Chart – Expected Opening Zone For The Week Of January 13th, 2019

Natural Gas: Will The Upward Trend Continue?

Natural Gas Futures 15 Minutes Chart – Analysis of Movements Before Weekly Closing On January 11th, 2019

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here