Today Natural gas saw a bullish inventory report. This marks the 3rd consecutive week where Nat gas has rallied off of inventories.
Nat gas forecast today was 86 BCF but the report came in at 85 BCF which is showing slightly more demand.
Nat Gas resource stocks have firmed up over the last couple days an appear to be trying to confirm the potential bullish base that Natural Gas has been building.
Since the weekly time frames are still vulnerable - tight stops need to be applied to long trades.
Nat gas forecast today was 86 BCF but the report came in at 85 BCF which is showing slightly more demand.
Nat Gas resource stocks have firmed up over the last couple days an appear to be trying to confirm the potential bullish base that Natural Gas has been building.
Since the weekly time frames are still vulnerable - tight stops need to be applied to long trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.