Natural Gas Intraday: as long as 4.8000 is resistance look for 4.3000
Natural Gas (NATGAS)-0.040-1.38%
as long as 4.8000 is resistance look for 4.3000.

Our pivot point is at 4.8000.
Our preference: as long as 4.8000 is resistance look for 4.3000.
Alternative scenario: the upside breakout of 4.8000, would call for 4.9900 and 5.1000.
Comment: the RSI is above 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Natural Gas (NYMEX) (JAN6) is trading above its 20 period moving average (4.6480) but under its 50 period moving average (4.6550).
Supports and resistances:
5.1000 **
4.9900 *
4.8000 **
4.7200
4.6490 last
4.4100
4.3000 **
4.1800 *
4.0700 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.