CME NYMEX:NG Henry Hub Natural Gas Futures prices forecast, Buy, Target 4.9 (+65.54%)
Henry Hub Natural Gas Futures (CME NYMEX: NG)
Trade : Buy
Entry : 2.96
Target : 4.9 (1.94, +65.54%)
Stop : 2.4 (-0.56, -18.92%)
Posted on Sunday, May 16, 2021
Note :
Natural Gas Futures catch my eyes, even though they are not ready yet.
Key price is 3.024, and when they breakout the line it will be a signal to move higher. Resistances would be 4.915 and 7.022. Support could be 2.25.
At this point, the target would be around 4.9, and if the market is very strong, the target would be 7.0 or higher.
[NYMEX: NG, Natural Gas Futures monthly chart]
Trade : Buy
Entry : 2.96
Target : 4.9 (1.94, +65.54%)
Stop : 2.4 (-0.56, -18.92%)
Posted on Sunday, May 16, 2021
Note :
Natural Gas Futures catch my eyes, even though they are not ready yet.
Key price is 3.024, and when they breakout the line it will be a signal to move higher. Resistances would be 4.915 and 7.022. Support could be 2.25.
At this point, the target would be around 4.9, and if the market is very strong, the target would be 7.0 or higher.
[NYMEX: NG, Natural Gas Futures monthly chart]
