Natural gas Forecast May 30, 2016 — June 3, 2016


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The price of natural gas NGAS continue to be traded within the descending pattern. At the moment, there is the potential to continue fall within the beginning of working out the bearish pattern of 1: 1.

Natural gas Forecast May 30, 2016 — June 3, 2016

Natural gas Forecast May 30, 2016 — June 3, 2016

The purpose of the fall is the area below the local minimum. Cancellation option will be a strong increase in gas prices NGAS higher than 2.30, which will lead to the cancellation option fall. Natural gas Forecast May 30, 2016 — June 3, 2016 suggests an attempt to fall from the upper limit of the downtrend channel with a potential target below the local minimum.


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