Natural Gas Bulls Look Ready To Retreat
Satendra Singh | Oct 22, 2018 12:29PM ET
Since submission of my last analysis https://www.investing.com/analysis/natural-gas-outlook-for-the-week-of-october-7th-2018-200347312 , I find that the Natural Gas bulls look ready to retreat from the current levels. No doubt that the Natural Gas bulls are facing tough resistance at “Bears’ Border”, but supportive winter will definitely provide strong support to bulls to retreat from the current levels. I’ve found the following trading zones for Natural Gas futures for the Week of October 22nd, 2018. Let’s have a look at the position of Natural Gas futures in the following charts.
For understanding the movement of Natural Gas futures in more detail, https://youtu.be/YG48REpC2lA
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