The natural gas markets fell again during the session on Wednesday, and it appears that we will continue to go lower. We have a target of $3.50 level, and
The natural gas markets fell again during the session on Wednesday, and it appears that we will continue to go lower. We have a target of $3.50 level, and that of course has not been changed by anything we have seen on this chart. That being the case, we feel that this market should continue to be bearish, and therefore we are willing to sell this market going forward. We think rallies continue to offer selling opportunities, and that the market should continue to be one that cannot be bought under any circumstance.
Natural Gas Forecast October 23, 2014, Technical Analysis
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
