NatGas Stalls at Key Level
Natural Gas stalled for the last 2 days and finally sold off today. There just wasn't enough power left in the recent bull move to climb above the 7 day moving average. Price is now wedged between the 7 and 21 day moving averages. If price does drop below the 21 day moving average, I expect that price would continue to at least the 3.00 level, which is the lower Bollinger Band.
Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Disclaimer: This post is for educational purposes only. Trading is at your own risk.
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