The natural gas markets continue to look very weak as the demand simply cannot keep up with the supply. The past week saw a slight rise in price, but nothing to think that the trend is about to change anytime soon. The last two weeks have produced hammers, but the fact is that the trend is very bearish, and these candles will more than likely signal a bounce, not a trend change. We are looking for a pop in price in which to sell from. We are especially interested in selling if we get all the way to the $3 level.

Natural

Natural Gas Forecast for the Week of March 19, 2102, Technical Analysis

Natural Gas Pivot Points (Time Frame: 1 Day)

 Name  S3  S2  S1  Pivot  R1  R2  R3

 Classic
2.1257
2.1788
2.2567
2.3098
2.3877
2.4408
2.5187

 Fibonacci
2.1788
2.2289
2.2598
2.3098
2.3599
2.3908
2.4408

 Camarilla
2.2985
2.3105
2.3225
2.3098
2.3465
2.3585
2.3705

 Woodie's
-
2.1850
2.2690
2.3160
2.4000
2.4470
-

 DeMark's
-
-
2.4142
2.3231
2.2832
-
-