Natural Gas March Contract - Forecast for 02/08 by Daytradeideas.com

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Nat Gas fell just short of the 3.478 target which we saw as a good selling opportunity. We have fallen sharply through all support to test 3.265/258. We should see a bounce off here today & could head back to 3.387 resistance.

However a break below 3.240 then keeps the market under pressure for a test of last week's low at 3.207.

Read More on International Business Times



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

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