nymex natural gas weekly predictions for 28 dec to 1 jan 2016

nymex natural gas weekly predictions for 28 dec to 1 jan 2016
nymex natural gas this week closed at 2.06$ with gain.
nymex natural gas weekly chart trend
is down but momentum is on recovery side.
For medium term , natural gas support zones are 1.88$ and 1.63$ levels.
On upside expect strong resistance at 2.12$ and 2.35$ levels.
For next week , expect recovery move to continue so
keep long view for natural gas with stop loss
below 1.88$ for target 2.12$ and 2.35$.

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Pramod Baviskar

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