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Is natural gas ready for a rebound?

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ticker lesson

Breakdown

0:00NG· ticker

Natural Gas — RSI divergence, support at 275

  • Nat Gas down 3.5% weekly
  • Bare flags played out, price below 275
  • RSI 29 → 31-32 on lower price
  • Bullish bias with low conviction
1:46FCG· ticker

FCG — rising MA, Fibonacci retracement

  • FCG down 3.4% weekly
  • Rising 200 MA & 61.8% Fib retracement
  • Bull penant on 50/150 MA confluence
  • Setup less strong than prior 26-27 level

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