Natural Gas Fundamental Analysis March 15, 2012, Forecast

By
A A A

Analysis and Recommendations:

Natural Gas is holding at 2.2830 after opening today at 2.3260. Gas is just sitting waiting for inventory releases and the rough up and downs today have been traders positioning themselves. March has been a very mild month and winter is almost over. Inventory levels will determine how low the bottom will be. We are expecting it to sit somewhere around 2.32 the opening of today

""


Economic Events: ( GMT )

WEEKLY

Natural Gas Pivot Points (Time Frame: 1 Day)

 
Name S3 S2 S1 Pivot R1 R2 R3
Classic 2.0943 2.1637 2.2183 2.2877 2.3423 2.4117 2.4663
Fibonacci 2.1637 2.2110 2.2403 2.2877 2.3350 2.3643 2.4117
Camarilla 2.2389 2.2503 2.2616 2.2877 2.2844 2.2957 2.3071
Woodie's - 2.1600 2.2110 2.2840 2.3350 2.4080 -
DeMark's - - 2.3150 2.2740 2.1910 - -



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: GMT

International Business Times

International Business Times
  • See all for International Business Times
  • View Print Version

More from International Business Times:

Related Videos

Stocks

Referenced

50%

Most Active by Volume

89,070,840
  • $17.26 ▲ 3.23%
78,931,485
  • $7.02 ▲ 4.46%
77,555,734
  • $6.70 ▲ 6.69%
77,025,346
  • $24.66 ▲ 0.69%
74,713,335
  • $101.80 ▲ 1.82%
72,324,726
  • $7.64 ▲ 0.79%
57,112,188
  • $17.84 ▲ 55.27%
53,321,397
  • $18.01 ▼ 4.46%
As of 12/17/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com