Tuesday, October 24, 2017

NYMEX: NG Analysis 24-Oct-2017


24-Oct-2017

CMP: 3.1560
Res: 3.476/3.947
Sup: 2.771/2.538/1.597 (base support)

Primary Scenario:

As long as NG resisted by 3.476 resists, we can see 2.771/2.538 again and further 2.286/2.152/2.063.


Alternate Scenario:

Break above 3.947, we will see 4.888 first and further 5.443, 6.340-6.683 (ultimate), 8.690(extended).




Previous Analysis: http://rajtechnicalanalysis.blogspot.in/2017/10/nymex-ng-analysis-13-oct-2017.html

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