Natural gas price ended the bullish correctional rally by testing the resistance at $3.210, then begin forming bearish waves, affected by the negativity of the indicators and providing negative momentum, to notice its stability near $3.100.

 

The continuation of facing negative pressures will confirm its surrender to the previously suggested scenario, to keep waiting for targeting $2.810 level, and breaking this barrier will extend the losses directly towards $2.620 reaching the next main target at $2.390.

 

The expected trading range for today is between $2.820 and $3.150

 

Trend forecast: Bearish