Natural gas price started to form some correctional bullish waves affected by stochastic rally above 50 level, to keep its consolidation above 2.350, and that won’t affect the main bearish track due to the frequent stability below the additional barrier 3.5000.
Therefore, we will keep waiting to gather the additional negative momentum to manage to renew the bearish attempts, reminding you that the main targets are located at 2.100 and 1.500.
The expected trading range for today is between 2.950 and 2.350
The expected trend for today: Bearish