TradingView
jdgpro
Mar 24, 2017 4:36 PM

Triple Top & Negative Divergence Short

Natural Gas (Henry Hub)FXCM

Description

Triple Top Reversal Possible. Bearish Divergence on MFI on the daily chart, suggests a substantial downtrend on the way. Measured move $0.191 to $2.71.

Comment

Multiple fundamental analysts suggest NG range bound from $3.10 to $2.70-$2.80, depending upon the analyst.

Comment

Still holding strong, but that bearish divergence is still there too.
More