Is natural gas a buy at these levels?
Nat gas is currently digesting its recent rally.
You have to expect the bulls to make another push higher at some point but with todays reversal the bulls may have to wait a bit longer.
Resource stocks took another hit today but still holding near the highs.
Nat gas is still holding above the daily 200 MA.
Price action is oscillating between the .236 Fib & .382 Fib
Nat gas is currently digesting its recent rally.
You have to expect the bulls to make another push higher at some point but with todays reversal the bulls may have to wait a bit longer.
Resource stocks took another hit today but still holding near the highs.
Nat gas is still holding above the daily 200 MA.
Price action is oscillating between the .236 Fib & .382 Fib
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.