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If this creates enough upside momentum then look for a rally into $2.720 to $2.747.A sustained move under $2.687 is likely to fuel a downside bias today with $2.610 to $2.600 the primary downside ...
We do realize that markets can become technically oversold especially when approaching major support areas, so we’re not going to be surprised if a bullish withdrawal triggers a short-covering ...
Natural gas futures surged 24% with a cold spell expected across the eastern half of the US. Forecasts call for below-average temperatures on the East Coast and parts of the Midwest for January.
The market opens today’s session on the strong side of a retracement zone at $2.911 to $2.880. This area is now support. If buyers can continue to build on this week’s upside momentum then we ...
Traders are looking for this week’s EIA weekly storage report to come at about 72 Billion Cubic Feet (BCF). Last year, the EIA recorded a 46 Bcf injection for the period, which covers the week ...
Bank of America said prices are now at a “turning point,” with summer heat in the U.S. slowing natural gas storage gains. Natural Gas Price Fundamental Daily Forecast – Needs to Hold $2.149 ...