Natural Gas Daily Update

Natural Gas spent on the corrective action a little longer and formed a bearish flag. The targets remain the same.

The mid and long term perspective for both bull and bears were discussed in the weekly report.

SUMMARY:
NG candles are slightly bearish, possibly signaling readiness for a sizeable move downwards. If the formation is confirmed in the next 1-2 days, NG could resume its longer downturn.
Possible target area – as charted.

A bigger path and probabilities were discussed in details in the Latest Weekly on April 22nd:
https://investingangles.com/category/commodities/natural-gas/

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p.s. This is the last week we are offering free daily reports on Natural Gas and Oil to the public.