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NATURAL GAS for 3/12/20

Writer's picture: Moor AnalyticsMoor Analytics

The solid trade below 2410 projected this downward 400 tics minimum, 750 tics (+) maximum. We have attained 800 tics so far, but this is on hold. The decent trade back below 1943-46 warns of decent renewed pressure, with a good likelihood of a run for 1610 (-) again (this is not a projection, but a good likelihood). We have seen 193 tics of this so far. A maintained gap lower will leave a short-term bearish reversal above, but will be more effective with a close below 1791-78.

NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Natural Gas and Energy/Gold complex. If you are interested, please feel free to reach out.

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