Natural Gas (NYMEX) (G1) intraday: the upside prevails as long as 2.6900 is support

Trading Central 2021-01-14 00:37:04

Our pivot point is at 2.6900.

Our preference: the upside prevails as long as 2.6900 is support.

Alternative scenario: below 2.6900, expect 2.6000 and 2.5500.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Natural Gas (NYMEX) (G1) is above its 20 and 50 period moving average (respectively at 2.7690 and 2.7690).

Supports and resistances:

3.0900 **

3.0300 *

2.9800 **

2.9200

2.8050 last

2.7200

2.6900 **

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