Economic Events: (GMT)

WEEKLY

 

Natural

Natural Gas Fundamental Analysis February 27, 2012, Forecast

Analysis and Recommendations:

Natural Gas is changing hands at 2.683 down 0.79 cents. As days of winter passes NG is beginning to seek a bottom. Recent news stories about the development of the NG industry and moves by Cheasapeake Energy drove the price upwards. Profit taking has also dropped the prices.

Natural Gas Pivot Points (Time Frame: 1 Day)

 

Name S3 S2 S1 Pivot R1 R2 R3

Classic
2.4870
2.5720
2.6290
2.7140
2.7710
2.8560
2.9130

Fibonacci
2.5720
2.6262
2.6598
2.7140
2.7682
2.8018
2.8560

Camarilla
2.6469
2.6600
2.6730
2.7140
2.6990
2.7120
2.7250

Woodie's
-
2.5650
2.6150
2.7070
2.7570
2.8490
-

DeMark's
-
-
2.7425
2.6997
2.6005