Natural Gas Intraday: short term rebound towards 5.0100
Natural Gas (NATGAS)-0.002-0.04%
short term rebound towards 5.0100.

Our pivot point is at 4.5200.
Our preference: short term rebound towards 5.0100.
Alternative scenario: the downside breakout of 4.5200 would call for 4.3300 and 4.2200.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Natural Gas (NYMEX) (JAN6) stands below its 20 and 50 period moving average (respectively at 4.6870 and 4.7160).
Supports and resistances:
5.2400 **
5.1200 *
5.0100 **
4.9000
4.6700 last
4.5900
4.5200 **
4.3300 *
4.2200 **
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