Commodities
NATGAS Set For Further Growth: Analyst Sees 2.739 Target
Natural Gas futures are expected to continue their bullish trend, according to an analysis of the EEX NATGAS chart by Longby AnabelSignals. The market is currently trading on the 2.665 pivot level, with a bias towards further growth.
Technical indicators such as Super Trend and Pivot HL suggest that the market is likely to continue its bullish trend. A buy signal has been triggered, indicating that investors should consider buying NATGAS at this time.
The target price for this trade is 2.739, according to the analysis. However, it's essential to remember that technical indicators are not a guarantee of future performance and may require adjustments as market conditions change.