Commodities

Natural gas keeps the negativity – Analysis – 20-2-2019

2019-02-20 07:48:33 GMT (Economies.com)

Natural gas price repeated the negative closings below 2.9500 resistance, confirming the preparation to resume the negative attack in the near term and medium term period, also, stochastic provides negative momentum by settling within the oversold areas to allow us to achieve new targets by reaching 2.255 followed by 1.605 levels.

 

The expected trading range for today is between 2.800 and 2.255

 

The expected trend for today: Bearish

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