Natural Gas closed the week with a hard rejection.
A weekly topping tail has been observed this week.
A major reversal off the $3.11 pivot should be marked as major resistance.
Keep your eye on the daily 200 MA to see if this commodity to build a base above this bullish moving average.
Resource stocks lead Nat gas on the way up, look to them for leadership or potential weakness.
A weekly topping tail has been observed this week.
A major reversal off the $3.11 pivot should be marked as major resistance.
Keep your eye on the daily 200 MA to see if this commodity to build a base above this bullish moving average.
Resource stocks lead Nat gas on the way up, look to them for leadership or potential weakness.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.