Natural gas price continued providing weak sideways trading due to the contradiction of the main indicators, to keep delaying the negative trend due to the stability above the extra support at $2.620.

 

Stochastic surpass to 50 level might push the price to form some temporary bullish waves, attempting to reach $3.000 level, to retest $3.200, while breaking the previously mentioned support and holding below it will force it to suffer extra losses by reaching $2.390 followed by the next main target at $2.250.

 

The expected trading range for today is between $2.700 and $2.950

 

Trend forecast: Fluctuating