Bruce_Gas_Forecast - EUROPE SAYS

Above $3.19 is Bullish A decisive rally above today’s high will trigger a one-day bullish reversal, confirmed by…

Deeper Pullback? Heading into next week, if today’s low is broken then the 20-Day line may fail as…

Bearish Indications Dominate It is also a bearish indication that last week ended with a potentially bullish hammer…

ABCD Target Reached Despite bullish indications, an initial target and therefore potential resistance, marked by a rising ABCD…

Bullish Reversal Points to $3.84 Today’s advance shows the likely completion of a bottom with a slightly higher…

Strong Support Possible at $3.50 Plus Potential support around the 50-Day MA takes on added significance since it…

Challenging Key Resistance Notice that there has been only one day since the April bottom that natural gas…

Bottoming Process Continues Although the price of natural gas weakened today the technical bias is to the upside.…

Prepped for Bearish Continuation The high for the day at $3.45 essentially tested prior support as resistance as…

Weekly Bullish Signal Moreover, a weekly bull trend continuation signal triggered earlier this week, and it will be…

New Weekly Breakout Triggers A weekly closing price above $3.61 will leave natural gas poised to rise into…

Buyers Take Control On Monday, natural gas spiked higher, reclaiming the 200-Day MA at $3.08 during the advance…