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Natural Gas - Cash

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NATURALGAS 3 levels for bullish setup today 3.06, 3.01, 2.96//. Personally I would prefer a strong bullish setup at 3.01 but let's see. Expecting big bullish moves after yesterday's debacle.

NATURALGAS so today whiplash on US opening was bought into and then it built on it. For the first time in 2 months we saw selling setups fail and bad buying setups also reward. This is a classic sign of trend reversal. I think now until a reversal we will have a bullish trend.






NATURALGAS Wouldve shown alot of strength if it has sustained above yesterday nights breakout above 3.03 but did come down. One can possibly look for bear trap here but shorter are not completely out. Today can be a wait and watch. last week trend has been positive, macro news is neutral. I would be a buyer but US is opening at day low so maybe shorter can enter. Best to wait and watch.