REDATOR Ben Graham Posted January 27 REDATOR Report Share Posted January 27 [Natural Gas] There is potential for #NG to strengthen today toward its nearest resistance level. Key Levels1. Resistance. 2 : 8.2762. Resistance. 1 : 7.3963. Pivot : 6.5614. Support. 1 : 5.6815. Support. 2 : 4.846Tactical ScenarioPositive Reaction Zone: If the price holds at 6.561, it may move up toward 7.396.Momentum Extension Bias: If 7.396 is broken, there is potential to test 8.276. Invalidation Level / Bias RevisionThe upside bias weakens when price falls below [support] (further assessment if below [reassessment trigger]). Technical SummaryEMA(50) : 6.305EMA(200): 5.338RSI(14) : 54.96Economic News Release Agenda:Tonight the United States will release the following economic data:US - ADP Weekly Employment Change - TentativeUS - HPI m/m - 21:00 WIBUS - S&P/CS Composite-20 HPI y/y - 21:00 WIBUS - CB Consumer Confidence - 22:00 WIBUS - Richmond Manufacturing Index - 22:00 WIBUS - API Weekly Statistical Bulletin - 04:30 WIBThe material has been provided by InstaForex Company - www.instaforex.com Visitante_85bc8686, Visitante_19ce9262 and Visitante_93dea8f3 2 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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