This is just a simple technical chart showing the area that I'm keeping on my watchlist to potentially be on the bid for Nat Gas which is the support / demand area highlighted around the 2.500 area. This is still bearish on higher time frames, and well below the D1 200 Moving Average so do keep that in mind. Seasonally this is around the time when suppliers / resellers of Nat Gas do start increasing stock in storage for the Winter demand so I'm looking to trade the range that this commodity can be stuck within until the Fall season.
Cheers, and happy trading. =)
Cheers, and happy trading. =)
