Get a 30% bonus on every deposit
- 1
For new & existing clients
- 2
Only on the Standard account
- 3
Terms & conditions apply
Risk disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Natural Gas (NYMEX) may fall to 1.8910 - 1.9900
BY Trading Central
|October 23, 2024(NOV4) ST: the downside prevails as long as 2.4330 is resistance
Our pivot point is at 2.4330.
Our preference
The downside prevails as long as 2.4330 is resistance.
Alternative scenario
The upside breakout of 2.4330, would call for 2.6020 and 2.7020.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 day moving average (respectively at 2.6250 and 2.6240).
Supports and resistances
2.7020 **
2.6020 *
2.4330 **
2.3670
2.2910 last
2.0900
1.9900 **
1.8910 *
1.7910 **
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined