Natural Gas is neutral on its 1D technical outlook (RSI = 47.119, MACD = -0.072, ADX = 39.523) as the bearish wave of the long term Channel Up found support on its bottom and the 1D MA100 and is rebounding. It hasn't yet crossed over the 1D MA50 but when it does the bullish signal will be validated. On any occassion, last time the 1D RSI rebounded near this level, it was on the October 18th and August 27th 2024 lows. Both later rebounded by at least +60.48%. We aim for a similar target (TP = 4.800).
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.