Bruce_Gas_Forecast - EUROPE SAYS

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…

Downward Pressure Remains Despite finding support yesterday at the AVWAP, downward pressure remains. Prior support from the January…

41.7% Decline Reached Today’s low completed a $2.04 or 41.7% decline in the price of natural gas in…

Bear Trend Intact Following a lower swing high of $4.25 on March 3, the bearish correction from the…

May be Heading To 200-Day Moving Average The next lower target is the 78.6% retracement at $3.40. However,…

Bullish Price Action Today’s price movement indicates a possible continuation of the upward trend that originated from the…

Potential Higher Target An initial target from the bull wedge is the beginning of the wedge at $4.26.…

Trendline Resistance Nonetheless, the rising trendline may continue to mark resistance on the way up and therefore hampers…

Back Test of Tend Lines is Bearish Notice that the high for today at $4.14 successfully tested resistance…

Dynamics of Pullback May Provide Clues Until today, a bullish continuation was possible as resistance around the top…