Natural Gas Looks Ready For An Eruptive Move
Satendra Singh | Oct 16, 2018 07:29PM ET
Since my last analysis, I find Natural Gas futures look ready for an upward move after a good consolidation at the current levels. On analysis of the movement of Natural Gas futures in different time frames, in the same chart patterns which I’ve noted in my last few analyses, I find Natural Gas futures have formed a strong base at the current levels. I find emergence of a good bounce in Natural Gas futures on impending inventory announcement. Let’s have a look at the current position of Natural Gas futures in the following charts.
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