Natural gas price provides negative signal – Analysis – 19-1-2023

Economies.com
2023-01-19 05:53AM UTC

Natural gas price provided new negative signal by crawling below 3.500 level, to confirm its preparation to resume the main bearish attack in the upcoming period, also, stochastic begins to provide the additional negative momentum to increase the chances of forming new bearish waves and wait to reach 3.120 followed by attempting to press on the bearish channel’s support line at 2.600.

 

The expected trading range for today is between 3.750 and 3.120

 

The expected trend for today: Bearish

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