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visibleDingo58543

Natural Gas 200 day MA rejection. Short opportunity

Short
Natural Gas Futures (NYMEX:NG1!)  
visibleDingo58543  
NYMEX:NG1!   Natural Gas Futures
Trend Analysis Technical Indicators Natural Gas natgasshort
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trendanalysis indicator naturalgas natgasshort
NG1!

Extreme volatility in recent weeks with lower highs since its recent peak provides comfort in potential change in longer term trend. 200MA now acting as short term resistance with critical support just below current levels. MACD supportive of short term downtrend. A break below support opens a move lower to 3.7
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