Monday, June 20, 2016

Natural Gas Trading - 20 Jun

NG is marching towards the highly anticipated 2.7 by bulls! Looking at the 4 hr chart, there seems to be a broadening top forming. Close above the upper resistance line make this invalid!


Daily support/resistance on 20th Jun: 2.638, 2.605
Pivot: 2.629, 2.621

Weekly support/resistance for 20th-24th Jun: 2.635, 2.596
Monthly support/resistance for Jun: 2.235, 2.26, 2.128, 2.204

Option expiry in 7 days. Bulls exodus coming?

1 comment:

  1. These accurate support and resistance levels helps in better management of risk involved in share market trading. Get experts trading tips by following epic research .

    ReplyDelete