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TFC Commodity Trading Forum

Re: DXZ12 /Nat Gas/Lee *PIC*
In Response To: Re: DXZ12 /Nat Gas/Trades ()

Well then here is Nov NG again. Same idea. Price needs to hold and at least consolidate above 3.40 to turn it into support rather than resistance with some short covering keeping it there. Holding above would be positive going forward for a confirmed change in trend. A pullback could take price back to 3.20 which is the early Sept high breakout point as well as its 20ema. Any further pullback than below 3.20 would be a breakout failure and suggest a reversal down again.