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InvestingScope

Natural Gas: Channel Down on 1D.

Short
Natural Gas Futures (NYMEX:NG1!)  
InvestingScope  
NYMEX:NG1!   Natural Gas Futures
Trend Analysis Chart Patterns Technical Indicators Natural Gas Natural Gas natgas Energy Commodities Commodities NGQ2020
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trendanalysis chartpattern indicator naturalgas ng1! natgas energy commodities ngq2020
NG is trading on a Channel Down on the 1D chart (RSI = 48.535, MACD = 0.007, ADX = 20.341) since the May 5th Top. The MACD is currently making a sell cross, so if the Former Higher Low trend-line breaks (dashed line), we will sell up to the 0.786 Fibonacci retracement.



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