Natural Gas (NYMEX) may fall to 1.0720 - 1.2230

BY Trading Central

|February 21, 2024

(MAR4) ST: the downside prevails as long as 1.9250 is resistance

 (MAR4) ST: the downside prevails as long as 1.9250 is resistance

1.9250 is our pivot point.

Our preference

The downside prevails as long as 1.9250 is resistance.

Alternative scenario

The upside breakout of 1.9250, would call for 2.1860 and 2.3410.


The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. The price is trading under both its 20 and 50 day moving average (respectively at 2.0040 and 2.3980).

Supports and resistances

2.3410 **

2.1860 *

1.9250 **


1.7060 last


1.2230 **

1.0720 *

0.9210 **

Number of asterisks represents the strength of support and resistance levels.

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