Natural gas price kept forming weak sideways trading, holding above $2.620 support, but the main indicators contradiction and the continuation of forming an initial resistance at $3.160 obstructs the chances of forming new bullish waves by its fluctuations near $2.720 level.

 

The continuation of forming sideways trading in the current period, reaching below the current support will confirm its readiness to form new bearish waves, to expect targeting $2.390 and $2.250 level.

 

The expected trading range for today is between $5.250 and $2.820

 

Trend forecast: Fluctuated within the bearish trend