Description
⋅ According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal.
Targets: 234.6 - 263.9 - 305.6
Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits.
Significant releases or events that may affect the movement of natural gas on Wednesday, Oct 28, 2020:
- 02:00: U.S. API Weekly Crude Stock
- 20:00: U.S. Crude Oil Inventories
- 20:00: EIA Weekly Refinery Crude Runs
- 20:00: U.S. Crude Oil Imports
- 20:00: U.S. Cushing Crude Oil Inventories
- 20:00: U.S. Gasoline Production
- 20:00: U.S. Heating Oil Stockpiles
- 20:00: U.S. Gasoline Inventories