Natural Gas Focus Of Massive Struggle Between Bulls And Bears

 | Jun 15, 2018 12:36PM ET

Since the announcement of Natural Gas Storage, movement of Natural Gas Futures has reflected the bulls’ intention as it has since a gap up opening on the first trading session of the current week.

On analysis of the movement of Natural Gas futures in the live streaming chart in 1 Hr. time frame on June 14th, 2018, I found that the bulls’ intention to keep the uptrend was intact despite weekly inventories indicating a higher injection than expected. The strength of the post-inventory moves is enough to cross immediate resistance at $3.033, possibly before the weekly closing. To understand the following charts look my video .