Natural gas price started to activate the bearish track after providing negative closings below 3.820$ resistance line to notice crawling towards the first negative target at 3.620$.

 

Now, stochastic exit from the overbought areas allows us to expect gathering the additional negative momentum to confirm its preparation to provide new bearish waves and target 3.520$ level, while regaining the bullish bias requires forming strong bullish rally and settle above the mentioned resistance.

 

The expected trading range for today is between 3.520$ and 3.690$

 

Trend forecast: Bearish