Sunday, March 12, 2017

Natural Gas Trading: Weekends Post for the week 13th Mar - 17th Mar 2017

NG is trying to re-enter the ascending channel. First resistance is at the lower trendline of the ascending channel. The next resistance is at 3.1-3.2 around the weekly mid of BB.


Daily support/resistance on 13th Mar: 3.030, 3.005
Weekly support/resistance from  13th Mar - 17th Mar: 2.929, 3.004
Monthly support/resistance for Mar: 2.804, 2.875   (NGJ7: 2.83, 2.952  )
2017 Yearly support/resistance: 3.415, 2.757

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