Decision time for natural gas

9 Şub 2023

The daily candle that just opened is forming in a very interesting place. It will encounter some strong resistance around the $2.50 mark, which coincides with the last candle and down trend line since December. If Nat gas manages to push thru and break above $2.50 and close above the down trend line, then game on to +$3. If it fails at $2.50 and heads lower to the recent low at $2.39, it is likely to break much lower and make new lows , around the $2.20 mark.

9 Şub 2023

Not

So far this morning , it rejected the $2.50 level, let see if we get a test of the lower limit