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Natural Gas: Technically Bullish

Published 11/27/2020, 08:17 AM
Updated 07/09/2023, 06:31 AM

On analysis of the movements of Natural Gas futures, I find that after consolidation above $2.889 look ready for a breakout above $3.4 during the upcoming week. The weekly withdrawal looks evident to confirm continuity of bullish sentiments in Natural Gas Futures during the upcoming weeks. 
Natural Gas Futures 1 Hr. Chart
Disclaimer: The author of this analysis does not have any position in Natural Gas futures. Readers are advised to take any position at their own risk; as Natural Gas is one of the most liquid commodities of the world.

Latest comments

come on leave poor singh alone juggling his food cart and artclass at same time ,
How's that breakout working out for you Singh? hahahaha... loving it.  Please do more bull prediction.. please say it will be $5 by the end of this year.
Thank you for the article. I agree with your sentiment. NG is way oversold and weather is definetly working in our favor. Should see a nice bounce next week. With supply demand in a deficit we should see somw strong moves in the upcoming week. Im long NGF contracts
is that bag heavy
Today is another shining example of how awful your predictions are!
He was talking about next week. Volume was way low today and Wednesday. The shorts tried using this to their advantage. Pushing people out before the weekend. Very bullish weather is coming.
You are always wrong. The last time you posted, Investing.com pulled your article as it was so spectacularly wrong. You need to consider another career.
Salute to you Mr Singh. Was eagerly waiting for your analysis. Just did the opposite and earned a few bucks. Thanks once again.
You are a little late; it's already lower than the $2.88 that you mentioned in your analysis
Technically bearish in the graph above 3 upside lines cutoff n 3 downside trading at top end also ICHIMOKU signals be careful buyers.
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