NatGas: Upward Swing Of Roller-Coaster Ride May Start Before Weekly Closing
Satendra Singh | Mar 22, 2019 06:32AM ET
Since my last analysis, on analysis of the movements of Natural Gas futures in different time frames, I find that Natural Gas futures look ready to shoot upward as they have already confirmed an advent of sharp reversal after attaining the defined target well on time; and appear ready for a technical bounce after consolidation to cross 200 DMA in 1 hour time frame. No doubt that the volatility may be in higher scale, but I find that consolidation at the current levels will result in a technical bounce shortly; which may likely to continue till weekly closing.
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