NYSE LIVE UPDATE

Monday 1 December 2014

Natural Gas Is In Brearish Trend


 
 
Overview :


NYMEX Natural gas is in bearish trend , there is good support 

level break out expected .If NYMEX Natural gas the level of 

3.900 then further downside movement is expected to test the level

of 3.817 downside. . 


Technical - Levels



R2
R1
S1
S2
GOLD
1235.41
1227.37
1192.15
1169.27
SILVER
17.06
16.77
15.94
15.46
CRUDE OIL
73.13
71.06
68.17
66.94
COPPER
2.971
2.941
2.842
2.785
NATURAL GAS
4.283
4.123
3.920
3.845
 


Indicators:

Its RSI is sustaining below the 50's levels & can test 30's level

indicating the further downside movement in the commodity.


Trading Strategy : 
 

NYMEX Natural gas weak on chart. If NYMEX Natural gas 

breaks the level of 3.900 downside, then it can test the level of 

3.817. One can go for sell on higher level strategy for this pair for 

intra day to mid term positions.






  • Activate Your Free Trial Now for #FOREX,#COMEX, #USA Stock Picks,#UK Stock Picks ,#HK Stock Picks.!!..Simply #Comment Your #Mobile Number and #E-Mail id Or Fill the Free trial Form Follow Link Here :-





No comments:

Post a Comment