Natural Gas: Gravitating Back Towards The 3 Swing Highs

By Petros Steriotis of The Trading Strategist

Stock Trader, Financial Adviser • May 6, 2020 at 4:59 AM EDT

Natural gas made a new June contract high yesterday, but the gravity of the 3 swing highs is pulling sellers into the market.

(Click on image to enlarge)

Natural gas made a new June contract high yesterday, but the gravity of the 3 swing highs (see chart) is pulling sellers into the market.

Disclaimer:

All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific investment objectives, financial situation, or particular needs of any viewer. I bear no responsibility for any actions taken or not taken by third parties after reading the blog! You are advised to consult with a qualified professional before making any investment decisions. I may have an interest and may make purchases or sales in the securities referred to in the blog. Please ask for my consent before re-publishing blog content. Thank you!