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.

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



This article appears in: Investing , Commodities


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