Natural gas prices are affected by stochastic positivity, to keep forming bullish correctional waves, recovering more of the losses by hitting $3.010 level, approaching from the neckline of the negative head and shoulders that appear in the above image.

 

 Note that the stability of the trading below the resistance at $3.160, and the attempts of the main indicators to provide the negative momentum, these factors support the bearish suggestion, to expect reaching $2.810, then attempts to press on the barrier near $2.620, while the price success in breaching the resistance will cancel the bearish suggestion, providing chances for building new bullish track in the upcoming period trading.

 

The expected trading range for today is between $2.810 and $3.050

 

Trend forecast: Bearish