Bullish reversal on the way, big upside likely to come
■ Natural Gas has break out of the 2 month range with a strong gap above 1.945 resistance turned support.
■ While prices are still trending below the kumo/cloud, the bullish twist of the kumo is indicative of a strong bullish sign. .
■ Momentum indicators are showing strong signs of bullish sentiment and hence, there is a strong possibility of natural gas targeting 2.322 in the near-term. Long-term target is at 3.600
■ While prices are still trending below the kumo/cloud, the bullish twist of the kumo is indicative of a strong bullish sign. .
■ Momentum indicators are showing strong signs of bullish sentiment and hence, there is a strong possibility of natural gas targeting 2.322 in the near-term. Long-term target is at 3.600