Markets

Trading Forecast Natural Gas

Natural Gas closed sharply lower on Thursday and below March's low crossing as it extends this summer's decline. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends the decline off July's high, the October 2010 low on the monthly continuation chart crossing is the next downside target.

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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