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Natural Gas Price Forecast: Rallies to New Highs After Early Session Dip
video Natural gas stays strong to reach a new trend high of 2.85 on Wednesday. Earlier in the session the price of natural gas broke below the lows of the past couple days before buyers took control to rally into new trend highs. An outside day is the result. Trading remains active near the highs of the day and will likely end today’s session with a new daily closing high for the current rally. A daily close above the prior trend high of 2.80 will be a slightly stronger indication of strength than a close below it. chart Given the failure of the breakdown earlier in today’s session and the following strong ... (full story)