SELL NATURAL GAS BELOW 9 EMA FOR 200 EMA
NATURAL GAS PRICE HAS BOUNCED FROM 9 EMA ON DAILY CHART. THE BOUNCE WAS ALSO SUPPORTED BY COLD STORM STARTED ON THURSDAY. THE BOUNCE WAS NEUTRALISED BY THE DOUBLE HEAD FORMATION AND SELLING HAS ALREDY BEGUN. I MY VIEW SHORT POSITION CAN BE OPENED BELOW 9 EMA FOR 200 EMA TARGET CONSIDERING LESS DEMAND IN COMING WEEKS.
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