SUNDAY
WEEKLY UPDATE
WEEKLY UPDATE
Natural gas was trading in sideways range between 290 to 280
levels
prices tested a high of 292 levels in the mid of the week and
after
inventory prices once again dropped back to 284 levels ,
we changed our view
from bullish to bearish
and we expect prices to test once again back to 272
levels
if gives a break down below 283 levels.
Weekly Call :
Sell Natural Gas only below 282 levels
and add one more at
284
with stops above 287
for targets 275 and 272..
