In 1 hour chart Natural Gas price continues to trade at 131.8 and below the (Exponential Moving Average)EMA200 value of 132.761 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Sell overview conditioned by the price stability below
However, if Natural Gas continues to trade below level, that could be an extraordinarily Bearish sign for Natural Gas
Even so, the 200-candle Exponential moving average (EMA) price range of 132.761 is proving a tough nut to crack.
Pivot (invalidation): 130.3