Sunday, March 19, 2017

Natural Gas Trading: Weekends Post for the week 20th Mar - 24th Mar 2017

Resistance as shown in below weekly and monthly charts. monthly and daily ichimoku is above the price which is bearish but weekly is the opposite. Watch out for any breakout of the resistance above.



In the daily chart, price could go either way as shown below. It will go which way first? Let the weather decides .
Daily support/resistance on 20th Mar: 2.949, 2.9235
Weekly support/resistance from  20th Mar - 24th Mar: 2.986, 2.97
Monthly support/resistance for Mar: 2.804, 2.875   (NGJ7: 2.83, 2.952  )
2017 Yearly support/resistance: 3.415, 2.757

No comments:

Post a Comment