Despite the weakness of natural gas price’s last trading, its stability above the support level of $2.620 makes us keep the bullish trend, to notice its rally to settle near $2.880 level.

 

Note that stochastic stability above 50 level will increase the chances of gathering positive momentum in the current trading to form new bullish waves, paving the way towards surpassing $2.920 level and reaching the next target at $3.100. 

 

The expected trading range for today is between $2.760 and $3.100

 

Trend forecast: Bullish