Auteur
kafa88
12 Feb 2022 - 08:29:44
79 Posts
The natural gas market has struggled to rally during Friday's trading session. But it is showing signs of exhaustion at this point. Which is reasonable considering the storms in the northeastern

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United States are over. And we are preparing to move into the spring. For this reason, the demand for natural gas should remain low at best. The candlestick looks like an inverted hammer. So if we break above that point We can go even higher to try to fill in the gaps above.


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Any rally at this point shows signs of exhaustion for me to be a seller. Like a break down below Friday's session low, it's also a sell opportunity. I think we'll be looking towards the $3.50 level where we've seen a lot of support. I'm not going to buy natural gas this year because that's usually when it really starts to hit. due to insufficient demand

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