Natural gas prices may be due for a correction at current levels

Natural gas prices have recently touched oversold territory on the weekly chart as indicated by the Relative Strength Index (RSI), and the downtrend appears to have reached the lower parallel of the downward channel that began in August. Further confirmation is needed before a reversal to target the 3.5 level can be expected.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer