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16 Feb 2018
Natural Gas Futures Feb 2018
Gallery: Home Description: February 16 - Natural gas prices have fallen sharply from early 2018 highs; although oscillators are classified as oversold they will likely become more so before significant buyers will step in. Considering trendline support dating back to 2015 and the expectation of a pack of sell stop loss orders beneath the December low, it seems probable natural gas futures will make their way into the $2.40s. Nevertheless, sharp support lies near $2.41 which we believe will be critical and has a high probability of supporting a price reversal.
File Size: 173.13 KB Dimensions: 2043x1126 Created: 16 Feb 2018 Updated: 16 Feb 2018

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