Natural Gas: What Confirms An Eruptive Move Before September 20th, 2019?

Natural Gas: What Confirms An Eruptive Move Before September 20th, 2019?

Satendra Singh  | Sep 17, 2019 22:44

On analysis of the movements of Natural Gas futures, in different time frames, I find that the Natural Gas futures look ready for an eruptive move before September 20th, 2019. Natural Gas futures have not only successfully come above the Ichimoku clouds, but also sustaining above the 200 DMA in a daily chart; which confirms the advent of an eruptive move before September 20th, 2019.

Finally, I conclude that the next steep upward move on September 17-18 above the level of $2.888 will confirm the advent of an eruptive move; which will result in short-covering rally in Natural Gas futures. Secondly, the costlier crude will enhance the demand for Natural Gas; which confirms the an immediate reversal in Natural Gas futures.

Watch my video on Natural Gas below.

Natural Gas: What Confirms An Eruptive Move Before September 20th, 2019?

Natural Gas Futures - Daily Chart
Natural Gas Futures - 4 Hr. Chart
Natural Gas Futures - 1 Hr. Chart

Disclaimer

1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.

2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.

Satendra Singh

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Aman Kumar
Aman Kumar

Very weak thought  ... (Read More)

Sep 23, 2019 15:51 GMT· Reply
Jigar Dholiya
Jigar Dholiya

Sir we can expect 2.888 in next weak ?   ... (Read More)

Sep 18, 2019 04:03 GMT· Reply
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