Will Natural Gas Inventory Generate Well-Defined Directional Moves?

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On analysis of the movements of natural gas futures, I find that the announcement of impending inventory of natural gas within next few hours looks to generate decisive directional moves amid growing indecisiveness among the bulls and the bears as well. Let’s have a look at the current position of natural gas futures in the following charts.

Will Natural Gas Inventory Generate Well-Defined Directional Moves?

Daily Natural Gas

Will Natural Gas Inventory Generate Well-Defined Directional Moves?

4-Hour Natural Gas

Will Natural Gas Inventory Generate Well-Defined Directional Moves?

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.

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