Despite the weakness of latest natural gas trading, as the Stochastic slips below 50, the price is still holding within the ascending channel shown in the attached chart, with $3.750 forming as an important support, reinforcing the upward trend in the short and medium terms. 

 

The price will likely gather momentum and rush towards $4.260, opening the door for more targets at $4.480 then $4.620.

 

Expected trading range today is between the $3.880 support and the $4.260 resistance.

 

Today’s price forecast: Bullish