Natural gas

28. Jan. 2021

We been in a semi trading pattern. Some things to note a wedge is forming with a rising rsi. Makes me think as we get closer into the wedge with a rising rsi near over bought will see a drop in that wedge. This should finish in the first week to week and a half of February . Lots of the up run could be technicals and could be cold pops here and there . Ng hit resistance and could not break through... I suspect support be around 2.43ish if it bounce there it adds more conviction to the wedge. Watch that rising rsi. Unlikely to wedge up with rsi in overbought area... but not improbable .