Natural Gas most likely bounce off the well established support

To make the long story short - NG keeps bouncing off the 2,5xx level to at least 3,2 whenever that level is reached. I think it will happen again. Also there is a gush of cold weather coming after 26th February, and when this is pushed to the media it should start climbing towards 3,2 much faster, as current storage draws report are very bullish.

Commentaire:

As expected, Nat Gas bounced off it's support level nicely and it is now entering 2,8xxx price range with 2.98 in sight.