Natural Gas Looks Ready For Technical Bounce

 | Mar 19, 2019 03:26AM ET


Since my last analysis on the movements of Natural Gas futures in different time frames, I find that since the Natural Gas futures achieved the defined target for March 18th. As a result, it is likely they will move ahead with a technical bounce after some consolidation at ‘Breakout Point’. There is no doubt that the volatile moves may be in higher scale, but I find that consolidation at the current levels will result in a technical bounce shortly on March 19th, 2019.