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TFC Commodity Trading Forum

Re: Weather June 3-10
In Response To: Re: Weather June 3-10 ()

Bigger picture of NG's move can be assessed by looking at the montly continuation chart. NG finished the month of May to rest on the top of what I see to be a bull flag formation using today's closing price....so long as we don't drift too much lower into June and the current resistance level holds, NG could be in the process of making a move higher to the $550-$600 area...should the current resistance fail then the $340 area I spoke of previously is a possibiltiy.....just my take......Rolly