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The_Greek_Trader
Mar 8, 2017 12:40 PM

Natural gas verified the double bottom neck line 

Henry Hub Natural Gas Futures (Apr 2017)NYMEX

Description

Natural gas verified the neck line of the double bottom pattern(or reverse head and shoulders) at 2.865-2.885 area.
Remain neutral because of the month we are in..
Possible sellers at 2.885-2.900 area and good resistance at 2.885-3.100 area from trendline and 200MA.
Possible buyers at 2.550-2.600 area..

Comment

I like it when market agrees with me..
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