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NGF2019 IDEAS AND PREDICTIONS : 10th-14th Dec 2018

NYMEX:NG1!   Natural Gas Futures
22:00 EST 10/12/2018

Long Term: NG 5,7,10,15 MINS ARE IN CON. POS . 1 DAY IS ALSO IN CON. POS . IT BROKE 3 HOUR RESISTANCE AND NOW IS EXPECTED TO COME DOWN TO 1 HOUR SUPPORT AND THEN BOUNCE. IN 1 DAY IT SEEMS LIKE IT IS FORMING A TRI-A M PATTERN WHICH MIGHT PUSH IT DOWN TO 1 DAY SUPPORT AS WELL. BUT THE PATTERN HAS NOT UNFOLDED YET.

Short term : ON A SHORT TERM NGF IS EXPECTED TO MOVE UP BY TAKING SUPPORT FROM ANY OF THE CON. POS TIME FRAMES. THERE IS NO RESISTANCE LEFT. SO LETS SEE. RB TREND IS NEUTRAL WITH A LITTLE NEG BIAS.

Strength : 5 MINS
Confirmed Positive : 5,7,10, 15 MINS

Largest TF Positive Indicator : 4 HOURS
Largest TF Negative Indicator : 1 DAY
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