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Is Natural Gas Ready For An April Rally?

From thetechnicaltraders.com

Our researchers have been following Natural Gas for many months and believe the current price level, near $1.65, is acting as a continued historical support level (a floor in price). Our researchers also used one of our data mining tools to attempt to identify if any opportunity exists in NG over the next 30 to 60+ days for skilled traders. The purpose of this data mining tool is to explore historical price activity and to determine if there is any true price “bias” that exists within certain months. For example, if we could determine that Natural Gas tends to rally in April by a 2:1 ratio (historically) and that the ... (full story)

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  • Category: Technical Analysis