Natural Gas: Scary Bears Growl Seem To Attract More Bears
Satendra Singh | Jul 19, 2017 07:16PM ET
On analysis of the movement of Natural Gas futures price in different time zones since the announcement of Natural Gas inventory on July 13th, 2017, I find that the scary Bears growl may attract more Bears to form an Exhaustive Candle before moving ahead. Strength of brutal Bears to crush every single rally before the announcement of impending inventory on July 20th, 2017 indicates that the impending inventory announcement may be in favor of the Bears too.
I conclude an expected propositional trading zone for July 20th – 21st, 2017, before and after the impending inventory announcement.
Have a nice trading time.
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