Natural Gas Forecast October 3, 2014, Technical Analysis

Updated : Aug 24, 2015, 22:00 UTC1min read
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Natural gas markets fell during the course of the day on Thursday, testing the $3.90 level. That area has brought in buyers from time to time, as we continue to consolidate in this general vicinity. With that, we feel that the market would be a decent market to start buying
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Natural gas markets fell during the course of the day on Thursday, testing the $3.90 level. That area has brought in buyers from time to time, as we continue to consolidate in this general vicinity. With that, we feel that the market would be a decent market to start buying on a supportive candle, but we do not have it yet. The market looks as if it’s ready to just simply bang around between the $3.80 level and the $4.20 level. With that, looking for short-term buying opportunities, but don’t see any at the moment.

 

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Natural Gas Forecast October 3, 2014, Technical Analysis

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