NG has a wonderful rally. I am watching if the upper channel holds or break up to be confirmed. Though the Stochastic is warning a (short term) peak is coming.
As mentioned previously, quite often once price moved out of the BB a retracement could happen. Watching if it will test the lower channel highlighted in yellow.
Daily support/resistance on 27th Dec: 3.625, 3.66
Weekly support/resistance from 27th Dec- 30th Dec: 3.611, 3.479
Monthly support/resistance for Dec: 3.216, 2.957 (NGF7: 3.246, 3.045)
2016 Yearly support/resistance: 2.406, 2.518
As mentioned previously, quite often once price moved out of the BB a retracement could happen. Watching if it will test the lower channel highlighted in yellow.
Daily support/resistance on 27th Dec: 3.625, 3.66
Weekly support/resistance from 27th Dec- 30th Dec: 3.611, 3.479
Monthly support/resistance for Dec: 3.216, 2.957 (NGF7: 3.246, 3.045)
2016 Yearly support/resistance: 2.406, 2.518
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