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AntMwah
Apr 1, 2018 6:30 AM

Pivot Resistance Short

Henry Hub Natural Gas FuturesNYMEX

Description

4hr chart shows resistance at the R3 level which is also the same as the weekly pivot level on the daily chart & looks to have run out of steam here. RSI has also put in a divergence. Unless this moves immediately higher on Monday I would look for a short towards the R1 level at $2.675 (also the 200 MA is here).
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