Natural gas price gained new positive momentum by stochastic rally above 50 level, to reinforce our expected bullish suggestion, we confirm that surpassing 3.030 level is important for opening the way towards recording more of the targets by reaching 3.200 and 3.375.
The attempt of breaking the support at 2.850 threatens the positive stability, which leads to begin forming strong negative trading, and that forces it to suffer several losses by reaching 2.750 and 2.500.
Expected trading range for today is between 2.900 and 3.200
Expected trend for today: Bullish