Natural Gas Futures

Short

Bearish flag points NG down to $2,5

Updated

Possible bearish flag forming on daily and 4H charts, it's aiming towards $2,5 area.

Note

Bearish RSI divergence:

invst.ly/9qmzo

Note

No bullish response to the draw report. We are still within the flag.

snapshot

Note

Daily closed at 3.099 which is just at the top of the flag. There is bit colder weather coming in, and a gap to 3,3. However, this pattern can still be in play and bearish drop may come next week, but we are yet to see.

invst.ly/9rinh

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