Natural Gas - Daily - Ready to bounce?

NYMEX:NG1!   Natural Gas Futures
Trade Alert

Natural gas is balancing on the upwards moving trendline , for now. The question here is, will we get a break below?
Until that trendline holds strong, we will stick to the upside. But a good confirmation of the possible upside move, could be a close above the 2.870 level. This way could start positioning ourselves for a possible move back up towards the 2.935, 2.995, or even the 3.050 areas.

On the other hand, a break below the upside trendline , could set the stage for lower levels (please the chart for details)

Always have your SL in place.
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