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Re: DiscoverGold post# 3534

Wednesday, 12/21/2016 2:29:50 PM

Wednesday, December 21, 2016 2:29:50 PM

Post# of 10557
Has Natural Gas Started a New Upleg?
By MPtrader

* December 21, 2016

Ahead of tomorrow's Inventory Report, Natural Gas has pivoted to the upside after retracing right to a test of the upside breakout level (3.15/20) of its 2-year resistance line, which is very constructive price behavior within a larger-developing bull phase, and argues for a positive reaction to the Inventory Report that perpetuates continued price strength for a revisit of the December high, in route to 4.00-4.10, thereafter.



https://www.mptrader.com/middayminute/

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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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