Natural Gas

Daily Forecast – 14 June 2013 Natural Gas July contract Natural Gas did retest this week’s low of 3.716/710 & held. We beat resistance at 3.790/810 to top out just below 3.870/880 which was predicted to hold the topside. It looks like we have seen the end of the correction now. We should be able to beat the 100 day moving average at 3.820 today to test 3.850. A break above here is very possible & could target trend line resistance at 3.905. We should struggle here so watch for sellers

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Natural Gas

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