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Natural Gas: Bullish Cross Over Near Completion

Published 12/23/2020, 01:57 AM
Updated 07/09/2023, 06:31 AM

A bullish crossover is about to be completed in the Natural Gas Futures chart on the daily time frame. This could result in an eruptive move above $3 before the announcement of weekly inventory on Thursday.  I find that a sharp upward move of Natural Gas Futures above the level of $2.889 on Wednesday will ensure the completion of this bullish cross over.  

Natural Gas Futures Daily Chart

Disclaimer: The author of this analysis does not have any position in Natural Gas futures. Readers are advised to take any position at their own risk; as Natural Gas is one of the most liquid commodities of the world.

Latest comments

mr. Singh we are waiting for your next article
$3.. hahaha. Walmart is hiring greeter, you should go apply.
Sofa king we todd did you are.
matarchod
hot dog hawkers is the. best
he also discussed the opposite direction towards 2.3 as well
mr singh is this 3.00 you predicted
when the inventory report is due is it today or tmrw n what time
Clarification to your note: The inventory report is being released today due to Christmas Eve
 Maybe stop making any analysis? You are always wrong man, look at the disaster now.
 ok, thanks for the positive comment, but when do you think the NG price will jump to near 3's?
It's much closer to 2 dollars than 3!  How long have you been following Mr. Singh's analysis?  LOL!  You follow his analysis, you will be broke in no time.
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