Natural gas prices were flat since yesterday, holding their ground around the pivotal support of $3.750, while stabilizing above the support of the ascending secondary channel at $3.960.

 

The Stochastic attempted to provide some support by exiting oversold levels, with the price now likely attacking the barrier at $4.180, thus opening the door for more gains towards $4.280 and $4.450. 

 

Expected trading range today is between $3.980 and $4.280.

 

Today’s price forecast: Bullish