Natural Gas: Outlook From May 15th – June 15th, 2018
Satendra Singh | May 14, 2018 11:55AM ET
On analysis of the movement of Natural Gas futures on May 14th, 2018, in the daily chart pattern at 11:40:00, I find that the Natural Gas futures look ready to shoot in upper range amid growing volatility ahead as the formation of a bullish hammer in 4 Hr. chart which looks evident enough for eruptive moves amid the expected impact of changing demand and supply equation which looks to be more focused upon changing international geopolitical equations.
In such a prevailing scenario, I expect the Natural Gas future to be inside the breakout zone on either side, most preferably towards upward but any major change in current geopolitical moves may reverse the whole situation all of a sudden amid growing volatility. I expect the following trading zones from May 15th to June 15th, 2018.
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