[Natural Gas] By looking at the whole technical analysis data for Natural Gas which indicates weakness starting from the Death Cross of EMA(50) with EMA(200) and the RSI(14) indicator which is in the Neutral-Bearish area, Natural Gas is likely to continue its downside today. Key Levels1. Resistance. 2 : 3.6292. Resistance. 1 : 3.5583. Pivot : 3.4574. Support. 1 : 3.3865. Support. 2 : 3.285Tactical ScenarioPressure Zone: If the price of Natural Gas breaks down below 3.457, there is potential pressure toward 3.386.Momentum Extension Bias: if 3.386 is breached to the downside, there is potential for the weakness to continue toward 3.285. Invalidation Level / Bias RevisionThe downside bias is contained if #NG suddenly strengthens and breaks and closes above 3.629. Technical SummaryEMA(50) : 3.494EMA(200): 3.724RSI(14) : 43.75Economic News Release Agenda :Tonight from the United
Posts Recomendados
Participe da Conversa
Você pode postar agora e se cadastrar mais tarde. Cadastre-se Agora para publicar com Sua Conta.
Observação: sua postagem exigirá aprovação do moderador antes de ficar visível.