Morning Natural Gas Market Report

By Roger Baettig | May 25 2012 3:39 AM

719×228

Sponsorship Link

NATURAL GAS closed higher on Wednesday and the highrange close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off last week's low, February's high crossing is the next upside target. Closes below the 20day moving average crossing would signal that a shortterm top has been posted.

More in Commodities

Global Fish Prices Hit Record Levels As Demand For Premium Seafood Spikes In China

Global Fish Prices Hit Record Levels As Demand For Premium Seafood Spikes In China

Gold Bubble For Real Says Societe Generale, Calling For $1,200/Oz. In Q4

Gold Bubble For Real Says Societe Generale, Calling For $1,200/Oz. In Q4

EU Regulators To Approve $8.2 Billion Merger of NYSE And ICE, Two Of World's Biggest Financial Exchanges: Report

EU Regulators To Approve $8.2 Billion Merger of NYSE And ICE, Two Of World's Biggest Financial Exchanges: Report

Recent Gold Slump Triggers Buying That Could Send Metal To $1,600 by year end: Analysts

Recent Gold Slump Triggers Buying That Could Send Metal To $1,600 by year end: Analysts

In Depth

Earth To Appear As A ‘Pale Blue Dot’ In A Photo From Saturn’s Neighborhood, Courtesy Of NASA’s Cassini

Cassini To Snap Earth From Saturn’s Neighborhood

Superman As Hindu God? Another East-West Culture Clash

Superman As Hindu God? Another East-West Culture Clash

Phone Companies In State Prisons Charge Inmates Exorbitant Prices, Give Jails Kickbacks, Group Finds

Why Calls In State Prisons Cost So Much

Italy’s Overcrowded Prisons: A Growing Tragedy Of Epic Proportions

Italy’s Overcrowded Prisons: A Tragedy Of Epic Proportions

web counter