Natural Gas: Cautiously Optimistic...
NG feels oddly strong today. Support has been found in the middle of the adjusted keltner bands as well as the lower part of the Cloud (not not visible here). No major signal by them selves, but the strong support on the weekly chart in combination with the current rally does suggest that at least a new push higher will be attempted. Worth a gamble? We think so, but not too large and remain vigilant for a false break.
Upside potential for the near term: 181.25 / 203
SL: ~158
NATGASUSD
Upside potential for the near term: 181.25 / 203
SL: ~158
NATGASUSD
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