Commodities

Natural Gas price keeps the negativity – Analysis – 28-2-2019

2019-02-28 07:55:10 GMT (Economies.com)

Despite Natural gas price forming some positive rebound recently, its stability below 2.940 resistance confirms the continuation of the negativity for the near term and medium term period, expecting to gather new negative momentum by providing additional pressure on 2.550 level, which breaking it will confirm the preparation to record new negative targets by reaching 2.550 followed by 2.600 levels.

 

The expected trading range for today is between 2.940 and 2.550

 

The expected trend for today: Bearish

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