Long term outlook on natural gas.
Updated
A historical support line presents it self on the energy commodity. A simple analysis. Will the support line hold, or will it be broken and see some decade lows. At this point one can expect a possible test of the support, a fake out to the downside or a steady move upwards.
Strat: Swingtrade1
Strat: Swingtrade1
Note
Price seems to have reacted to the historical support and is moving upwards. if stoch and RSI begin to move out of extreeme sold level,and price continues trending up, a powerful new uptrend may form.
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