Natural Gas forecast for the week of September 18, 2017, Technical Analysis

Natural gas markets had a positive week, but yet again have found plenty of selling pressure near the $3.10 level. Because of this, I think that we continue to find ourselves going back and forth, and longer-term traders are going to continue to struggle. Short-term traders continue to sell the rallies, which is what I have been doing, but off of the hourly and 4-hour chart, not the weekly chart. It’s difficult to play a longer-term trade, but a break above the $3.10 level certainly would have buyers getting involved for a longer move.

NATGAS Video 18.9.17