Saturday, April 22, 2017

Natural Gas Trading: Weekends Post for the week 24th Apr - 28th Apr 2017

NG is at the bottom of the ascending channel. If it does not bounce, price could go lower. An inverse HS could be forming, pending confirmation.


Daily support/resistance on 24th Apr: 3.109, 3.134
Weekly support/resistance from 24th Apr - 28th Apr: 3.166, 3.119
Monthly support/resistance for Apr: 3.125, 2.992  (NGK7: 3.143, 3.045 )
2017 Yearly support/resistance: 3.415, 2.757

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