Yesterday´s massive sell-off of natural gas sparked many discussions about what is going to happen next. Well, we expect the price to drop further and reach the turquiose zone between $6.482 - $5.858. Here, we believe that the correction will end and turn into a big upward trend. However, if the course drops below this zone, further sell-offs will be triggered.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
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.