Despite the weakness in the natural gas price last trading, it formed a new sideways fluctuation by its stability near $2.880 level, however it didn’t affect the chances of forming new bullish waves, depending on the stability of the main support at $2.620 besides forming extra support at $2.810 level against the current trading.

 

The continuation of providing positive momentum by stochastic will help it renew the bullish attempts in the near period, to keep waiting for attacking $3.100 level, and surpassing it will ease the mission of achieving extra losses by its rally towards $3.250 and $3.450.

 

The expected trading range for today is between $2.800 and $3.100

 

Trend forecast: Bullish