NG in Expanding Triangle

NG daily

NG Hourly 

As shown in the daily & hourly chart we can see that NG is moving within expanding triangle or reverse symmetrical triangle. This is bearish pattern. NG price can go down after ending of this triangle.

Keep in mind that NG is most sensitive commodity to weather reports, supply data. Trade accordingly.

Fundamental update - 1 , 27/07/2016, 08.43 pm ( Indian time )

http://www.ino.com/blog/2016/07/heat-wave-to-cut-natural-gas-storage-glut/?a_aid=CD3116&a_bid=e69e6702#.V5jOdPl97IU

Heat Wave To Cut Natural Gas Storage Glut ---- click on given link and read full article.

july 26, 2016 by robert boslego , 

Read the article on weather and demand side.