The gap since March has closed. There is one more gap since last year not yet closed. A bounce may happen here, if it does not, it could be very bearish.
Ng has broken the monthly symmetrical triangle and is bearish. If market allows, it may test the lower triangle at ~2.85 before heading lower.
Ng has broken the monthly symmetrical triangle and is bearish. If market allows, it may test the lower triangle at ~2.85 before heading lower.
Daily support/resistance on 18th Dec: 2.634, 2.657
Weekly support/resistance from 18th Dec - 22nd Dec: 2.653, 2.715
Monthly support/resistance for Dec: 3.02, 3.014 (NGF8: 3.0527, 3.112 ; NGG8: 3.059, 3.119)
Monthly support/resistance for Nov: 2.914, 2.906 (NGZ7: 2.950, 3.041 , NGF8: 3.077, 3.166)
2017 Yearly support/resistance: 3.415, 2.757
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