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Natural Gas: Colder Weekends May Result In Good Gap-Ups Ahead

Published 03/17/2019, 10:30 AM
Updated 07/09/2023, 06:31 AM

On analysis of the movements of Natural Gas futures, in different time frames, I find that cold breakout on Saturday-Sunday in Northeast may result in a good gap-up opening on the first trading session of the Week of March 17th, 2019. No doubt, if the Natural Gas futures find opening at the same levels or at a little gap-down level, I find the Natural Gas bulls will not miss any opportunity to go long from the opening level; which will result in sharp upward move up to the level of $3.147.

Natural Gas Futures 1 Hr. Chart - Expected Trading Zones For The Week Of March 17th, 2019

Natural Gas Futures 4 Hr. Chart - Expected Trading Zones For The Week Of March 17th, 2019


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