Natural Gas weekly forecast June 5 — 9, 2017


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Natural Gas completes the trading week at 3.04. Natural Gas is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a lateral trend over Natural Gas. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 3.25 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near level 3.05.

Natural Gas weekly forecast June 5 — 9, 2017

Natural Gas weekly forecast June 5 — 9, 2017

Previously, we received a weak signal for sales of Natural Gas, due to the crossing of the signal lines at the level of 3.31. To consider the sale of Gas stands with the breaking of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closing of quotes below the level of 2.95, in case of breaking through the upper boundary of the Ichimoku Kinko Hyo Cloud, it is necessary to expect the continuation of the bullish trend of Natural Gas.


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