Genghis
Long

Nat Gas - Where is support?

NYMEX:NG1!   Natural Gas Futures
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3
We have tanked past 2001 lows
Looking to see if lows from 1998 and 1999 provide any kind of support to buy off

Comments


Back up at broken trend line resistance. 3.09 potential resistance also.
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Broken south on recent range. Potential path in blue.
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Genghis Genghis

We have pulled back to 2.10, presenting a sensible shorting opportunity.
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Genghis Genghis
Ideally we rally up to 2.15 levels to get short on
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1.60 (lows from 1998 and 1999) have provided support for a recent bounce
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Genghis Genghis

Not much clarity on the daily
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Genghis Genghis

Gap fill from contract roll over and just been trading in range so far this month.
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Genghis Genghis

Wedge resistance erosion hinting at a continuation north.
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Genghis Genghis

Have revised the wedge slightly but we look like decent buying opportunity here. Will put out a buy idea in a sec.
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