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Repuzel

Bearish flag points NG down to $2,5

Short
Natural Gas Futures (NYMEX:NG1!)  
Repuzel Updated   
NYMEX:NG1!   Natural Gas Futures
Chart Patterns bearflags Natural Gas
2
2
chartpattern bearflags naturalgas
Possible bearish flag forming on daily and 4H charts, it's aiming towards $2,5 area.
Comment:
Bearish RSI divergence:

invst.ly/9qmzo
Comment:
No bullish response to the draw report. We are still within the flag.

snapshot
Comment:
Daily closed at 3.099 which is just at the top of the flag. There is bit colder weather coming in, and a gap to 3,3. However, this pattern can still be in play and bearish drop may come next week, but we are yet to see.

invst.ly/9rinh

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