Long

Possible outbreak for natural gas

There might be a good long possibility for natural gas with the price trading just outside of the downwards channel. The downwards channel is traditionally seen as a bullish pattern reinforcing my prediction. I used blue for my support lines and red for resistance. With a three day close following January 1st, a big move at the opening might very well be the case. Keep an eye out for a small drop to get in on a lower price.

Target 1: 2.77
Target 2 3.0
GASSupport and ResistanceTrend AnalysisTrend Lines

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