Markets

Trading Forecast Natural Gas

Natural Gas closed lower on Friday while extending the late-summer trading range. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI are neutral signalling that sideways trading is possible near-term. If it renews this summer's decline, monthly support crossing is the next downside target. If October renews the rally off August's low, the reaction high crossing is the next upside 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.

Other Topics

Commodities