Natural Gas Signals Favor Strong Moves Ahead

 | Oct 19, 2017 07:43AM ET

Natural Gas futures price movement seems evident enough for an uptrend after taking a strong support at the levels ($2.247 to $2.262). This consolidation in a narrow range seems to be a beginning of a move towards higher trading zones.

On analysis of the movement of Natural Gas futures price in different time frames which I noted in my last analysis, I find that the today's upcoming natural gas inventory may attract more bulls to ride on swing moves ahead till the weekly closing.

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