Natural gas price formed weak sideways trading yesterday near $3.880 in an attempt to shake off negative signals from the Stochastic, while holding repeatedly above the support of $3.750.

 

It’s likely an indication of the strength of the upward trend towards $4.060, thus sending the price even higher to $4.180.

 

Expected trading range today is between $3.750 and $4.060.

 

Today’s price forecast: Bullish as the support holds