Welcome To Traders Views!

Your place to Share investment views
&
Learn from fellow traders.
Register
 
Enter Email Address 

Email To Contact You.
Create Password  

Password must be 4 or more letters.
Nickname  

The Nickname will be used as your USERNAME ID on traderviews.com
You can either use the one we suggest or choose a new one.
 

Natural Gas Forecast December 28, 2011, Technical Analysis

Under forex posted 1001 days ago.

By FX Empire.com

Natural gas markets sat fairly still during the session on Tuesday as the volume remained light from the holidays. The markets are currently trying to form some kind of base from which to rally it appears, and the $3 mark will almost certainly be supportive. However, with the sheer supply and demand question being so heavily skewed to the oversupply answer, the market simply cannot be bought. In fact, we are hoping for a nice bounce up to either $3.25 or $3.50 from which to sell. We would sell on a daily close below $3 as well, but not as enthusiastically as the previous scenario.

Natural Gas Forecast December 28, 2011, Technical Analysis

Natural Gas Forecast December 28, 2011, Technical Analysis

Originally posted here

X

Rate This Article:

1
2
3
4
5

Insert your Comment