Nat Gas Outlook Remains Negative
Jason Sen | Nov 03, 2013 04:14AM ET
Natural Gas December almost reached the 3.663 target but topped at 3.659 and collapsed through 3.574 but has so far held above 3.500. Today's outlook remains negative and if we continue lower we could retest this year's low and contact lows at 3.469.
Immediate resistance at 3.610 and we should struggle here. However if we continue higher, resistance at 3.648/658 should hold the topside again today in this bear trend but a break higher could target 3.685/698 with a high for the day likely.
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