Since submission of my last analysis on analysis of the movement of Natural Gas Futures price on April 16th, 2018 at 01:45:00, in those same chart patterns I find Natural Gas Futures are facing selling pressure at the level of $2.751 which is evidence of bears striking once again. Having another look at the current position of Natural Gas Futures in different time frames, I find that Natural Gas Futures are trying to maintain above the level of $2.747 but a move below the level of $2.692 will divert the futures towards a sharp downward move. On the other hand, only a sustainable move above $2.786 will bring relief for the bulls.
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