Natural gas still under negative pressure
Natural gas is still under negative pressure
The 100-week moving average crossed by closing last week with the highest trading pace since the August top at $10
The price is currently testing a price congestion area between $5 and $4.6
Momentum is negative in the long-term to the medium term
And expectations of the continuation of the downward wave to 3.96
The 100-week moving average crossed by closing last week with the highest trading pace since the August top at $10
The price is currently testing a price congestion area between $5 and $4.6
Momentum is negative in the long-term to the medium term
And expectations of the continuation of the downward wave to 3.96
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.