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Natural Gas Remains Buoyant After the Weekend


Monday July 17th 2017
Natural Gas Remains Buoyant After the Weekend
by Mike Paulenoff www.MPTrader.com

Natural Gas is moving higher, and has taken out its May-July down trendline (3.02), positioning the price structure towards a challenge of the July rally high at 3.05, which, if hurdled and sustained, will leave Natural Gas poised to again confront more significant resistance at 3.10-3.12 atop its June-July accumulation-base type formation.

Mike Paulenoff is author of MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial!


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