Natural Gas Wave Analysis – 29 June, 2020

• Natural Gas reversed from pivotal support level 1.500

• Likely to rise to level 1.825

Natural Gas recently reversed up sharply from the pivotal support level 1.500 (set as the likely downward target in our earlier report for this instrument).

The support area near the support level 1.500 (previous monthly low from March) was strengthened by the lower daily Bollinger band. Natural Gas is likely to rise further toward the next re