Natural Gas is slow – Analysis – 21-3-2018

Natural gas price moves slowly despite getting factors that agree the domination of the correctional bearish bias, affected by stochastic current attempt to exit the overbought areas, but the stability of 2.800 barrier forms major factor to postpone the bullish attack and increase the chances of reaching the waited target at 2.550.

In case the price rallied above the current barrier and got positive close, that will open the way to form strong bullish attack and start targeting positive levels that begin at 2.950 followed by 3.050.

Expected trading range for today is between 2.800 and 2.550

Expected trend for today: Bearish