Natural Gas: Opening In Expected Zone Seems To Extend Expectations
Satendra Singh | Mar 12, 2017 07:58PM ET
A gap up opening of Natural gas futures price on March 13th, 2017 at 18:00:00 seems to extend expectations of bulls for a fresh entry. After opening at 3.083, it came down a little due to profit book but a quick recovery within an hour seems enough to confirm the continuation of an uptrend till the announcement of impeding inventory during this week.
This one hour movement on March 13th, 2017 seems to maintain its presence within the Expected Opening Zone as I predicted in my analysis and I find that the further movements during the week of 13th March, 2017 will be well within this article .
Have A Nice Trading Time.
Disclaimer: This analysis is purely based on the technical observations. I do not have any position in natural gas. One can create position in natural gas at his/her own risk.
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