Analysis and Recommendations:

Natural Gas is holding at 2.2830 after opening today at 2.3260. Gas is just sitting waiting for inventory releases and the rough up and downs today have been traders positioning themselves. March has been a very mild month and winter is almost over. Inventory levels will determine how low the bottom will be. We are expecting it to sit somewhere around 2.32 the opening of today

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Economic Events: (GMT)

WEEKLY

Natural Gas Pivot Points (Time Frame: 1 Day)

 

Name S3 S2 S1 Pivot R1 R2 R3

Classic
2.0943
2.1637
2.2183
2.2877
2.3423
2.4117
2.4663

Fibonacci
2.1637
2.2110
2.2403
2.2877
2.3350
2.3643
2.4117

Camarilla
2.2389
2.2503
2.2616
2.2877
2.2844
2.2957
2.3071

Woodie's
-
2.1600
2.2110
2.2840
2.3350
2.4080
-

DeMark's
-
-
2.3150
2.2740
2.1910
-
-