Has Natural Gas Started a New Upleg?

Ahead of tomorrow's Inventory Report, Natural Gas has pivoted to the upside after retracing right to a test of the upside breakout level (3.15/20) of its 2-year resistance line, which is very constructive price behavior within a larger-developing bull phase, and argues for a positive reaction to the Inventory Report that perpetuates continued price strength for a revisit of the December high, in route to 4.00-4.10, thereafter.


  Matched
x
  • In our live, interactive Trading Room, we identify trading opportunities in ...
  • Equity Index Futures
  • Index & Sector ETFs
  • Individual Stocks
  • Precious Metals
  • Energy
  • Forex
  • Treasuries
  • International Markets
  • And Much More
Join MPTrader Now!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!