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Bullish Momentum: Natural Gas Eyes Higher Targets Following Bullish Reversal
video Natural gas continued its bullish advance today with a higher daily low and higher high. A five-day high of 2.54 was reached before encountering intraday resistance. That high matches the prior swing low from September 26. A close today above the five-day high of 2.49 will indicate slightly more strength than a close below it. chart Natural gas is on track to end the week with a bullish doji hammer candlestick pattern. Therefore, a decisive breakout above this week’s high of 2.54 will provide a new bullish signal. If sustained, natural gas would then be heading higher towards the 20-Day MA (purple) at ... (full story)