Chart to Watch - Natural Gas

We've asked our friend Jim Robinson of to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Natural Gas (NG.J13.E).

I hope you are having a GREAT week !

This week let's take a look at April Natural Gas.

Natural Gas found support at a double bottom level, has moved higher, and put in a weekly MarketClub green Trade Triangle, which is bullish.

If Natural Gas continues higher and breaks through resistance, it would put in a monthly MarketClub green Trade Triangle, which would be even more bullish.

The MACD is on a buy signal and right now everything is pointing to higher prices for Natural Gas.

This is a Chart to Watch, as big things look to possibly be in store on the upside for Natural Gas.

Jim Robinson

One thought on “Chart to Watch - Natural Gas

  1. I think a good strategy would be to buy if 3.7 level is reached, with 3.9 as first profit level and 3.6 as stop-loss. This chart contrasts sharply with Oil which has made a double top in 117.5 aseems much more weak.

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