Natural gas is currently holding the 50 Moving average.
Inventories come out tomorrow and could make or break this trend.
I'm keeping it simple and looking for shorts below the 50 MA and longs above.
Nat Gas inventories estimate is 69B build.
Right now the EMA weekly 113 is a tough resistance level.
Consolidation would be best in this commodity to help support the next leg higher.
Inventories come out tomorrow and could make or break this trend.
I'm keeping it simple and looking for shorts below the 50 MA and longs above.
Nat Gas inventories estimate is 69B build.
Right now the EMA weekly 113 is a tough resistance level.
Consolidation would be best in this commodity to help support the next leg higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.