Natural Gas Weekly Technical Outlook

No change in natural gas' outlook as sideway consolidation continued around 55 days EMA. We'd still expect the pattern to extend further in near term. That is, downside attempt should be contained by 2.443 low. Meanwhile, upside attempts should be limited by 38.2% retracement of 4.544 to 2.443 at 3.246.

from Oil N' Gold Focus http://ift.tt/1LFJQFO