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NATURAL GAS FUTURES

NYMEX:NGH2014
 
     
 
    
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NGH2014 Commodities Futures Chart

 

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LEONES LEONES PRO NGH2014, D, Short ,
NGH2014: Natgas turning lower?
144 2 0
NGH2014, D Short
Natgas turning lower?

Natgas is overbought. Possible H&S here with target 3.8. Price has to drop fast after the neck.

LEONES LEONES PRO NGH2014, D, Short ,
NGH2014: NATGAS TOP
76 1 0
NGH2014, D Short
NATGAS TOP

Natgas has reached the upper parallel line on 13 Dec 2013 (Friday). Today 16 Dec 2013 has opened with a gap down. If the market continues lower below today low tomorrow this could be the sign of a change in trend. First target around 3.8.

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