*Natural Gas Futures ⛽ Daily Technical Report*

 

 

Natural gas prices carried on their sideways trading as the barrier of 2.750 holds its ground, while major indicators continue to offer negative momentum until this moment, thus we expect more negative attempts towards the targets near 2.300 then 1.950. 

 

 

 

If prices managed to pierce the aforementioned barrier and close above it, they'll reactivate the upward trend towards 3.100 then 3.500.

 

Expected trading range for today is between 2.650 and 2.300. 

 

Expected trend for today: Bearish as the barrier holds