Natural gas price surrendered to stochastic negativity by crawling below the additional support at 4.180$ yesterday, hinting postponing the bullish attack to notice suffering some losses by reaching 4.020$.

 

The temporary negative trades might extend towards 3.900$ to face the minor bullish channel’s support line that forms the key to detect the next main trend, as the stability of the support line will reinforce the chances of activating the bullish attempts to push it to target 4.350$ level, while breaking the support will confirm moving to the negative track, to suffer new losses by moving towards 3.750$ and 3.630$ levels.

 

The expected trading range for today is between 3.900$ and 4.250$

 

Trend forecast: Bullish