Analysis and Recommendations:

Natural Gas continues to fall trading at 2.306 down from 2.348. Weather forecasts continue to call for a warmer March then predicted and with just a few more days left of winter the demand for Gas is gone for the season. Inventories continue to remain high. Gas should sit in this range for quite a long while, regardless of production cuts, as consumption is quite low.

width=300

Economic Events: (GMT)

WEEKLY

Natural Gas Pivot Points (Time Frame: 1 Day)

 

Name S3 S2 S1 Pivot R1 R2 R3

Classic
2.1600
2.2135
2.2610
2.3145
2.3620
2.4155
2.4630

Fibonacci
2.2135
2.2521
2.2759
2.3145
2.3531
2.3769
2.4155

Camarilla
2.2807
2.2900
2.2992
2.3145
2.3178
2.3270
2.3363

Woodie's
-
2.2120
2.2580
2.3130
2.3590
2.4140
-

DeMark's
-
-
2.3382
2.3026
2.2372
-
-