Markets

Natural Gas Technical Analysis

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NATURAL GAS closed higher on Friday as it extends the rally off June's low. The highrange close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off June's low, February's high crossing is the next upside target. Closes below the reaction low crossing are needed to confirm that a shortterm top has been posted.

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


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

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