Natural Gas Bulls Become Bold When Find An Oversold
Satendra Singh | Feb 28, 2018 07:20AM ET
Since submitting my last analysis, analysis of Natural Gas Futures movement in a daily chart pattern shows natural gas bulls have become too bold at the level of $2.676 before the announcement of inventories. I find the formation of one more futile attempt of bears is evident enough for short covering rallies ahead to begin.
Disclosure: This analysis is not a trading advice. Readers are requested to take their decisions at their own risk.
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