Natural Gas looks like it’s heading to the 2.7$ level with a big chance to exceed it. The price is coming near to our trendline and we expect a reaction around that area. Keep in mind that the gap we had last week has been filled, so there’s still a slight possibility for the price to break the low again. Remember that trading is a game of probabilities and, in our opinion, the odds tell us that price is going to increase.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.