ThinkingAntsOk

Weekly Analysis on NATGAS by ThinkingAntsOk

NYMEX:NG1!   Natural Gas Futures
Main items we can see on the chart:

a)The price is on a major Support zone

b)The price is on the process of breaking the descending trendline

c)If that happens (Weekly candlestick closing above the descending trendline) That will be our first filter to know that a possible bullish movement is coming

d)After that we will wait for a similar correction like the previous ones we saw on the two past bearish trends

e)If that happens, we will develop long setups.

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