has been on a strong sell sequence since the rejection on the 2.700 Resistance. 1D may be bearish
still ( RSI
= 39.610, MACD
= -0.081, ADX
= 41.622, Highs/Lows = 0.0110) but we are on the 2.100 - 2.035 1W Support Zone
. This is the first bullish
sign with the second being the flat RSI
( bullish divergence
) since November 29th. We are expecting Natural Gas
to reverse towards the 2.500 and 2.700 Symmetrical Resistance levels. If however the 1W Support breaks, a new selling sequence may be initiated towards 1.600 - 1.440.
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