Natural Gas Futures: Downtrend should start if it drops below 221.4 level

Natural Gas Bearish Sequence

Prices of natural gas met resistance at 239 level on Thursday, triggering the ongoing corrective structure.

The knee-jerk was on the back of diminishing open interest and volume, indicative that further pullbacks look somewhat contained in the very near-term.

Trading Psychology - “The hard, cold reality of trading is that every trade has an uncertain outcome.” – Mark Douglas

Disclaimer - Any of our investment or trades we share on our blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.

16 views0 comments