Natural Gas Weekly Technical Outlook

Natural gas was still bounded in sideway trading and outlook is unchanged. We'd still expect the consolidation 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/1hdC8Gj