MANOLIS

NGAS Outlook waiting for Sell opportunity

MANOLIS Updated   
FX:NGAS   Natural Gas (Henry Hub)
0
The low temperatures of the weekend have created the conditions for sustained demand for gas which led to the opening with bullish gap in fact attempted recovery of a number of potential levels of resistance at $ 3,100, $ 3,235 and $ 3,400. If this is the case, we think that the sellers will come back soon in this market, and a exhaustion candle would offer a good opportunity to reduce positions.
Trade closed: stop reached
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