NGAS Outlook waiting for Sell opportunity
The low temperatures of the weekend have created the conditions for sustained demand for gas which led to the opening with bullish gap in fact attempted recovery of a number of potential levels of resistance at $ 3,100, $ 3,235 and $ 3,400. If this is the case, we think that the sellers will come back soon in this market, and a exhaustion candle would offer a good opportunity to reduce positions.
Trade closed: stop reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.