Natural gas price started to provide some negative trading yesterday, hinting the affection by the major indicators’ negativity, approaching to the first expected target at 2.650, while the continuous negative momentum that comes by the major indicators might ease resuming the bearish correction to expect threating the key support at 2.550.
Any attempt to rally above 2.800 and getting positive close will cancel the correctional bearish overview and opens the way to start building new bullish bias to expect moving towards 2.950 followed by 3.050.
Expected trading range for today is between 2.750 and 2.600
Expected trend for today: Bearish