Natural Gas Futures Hit 13-Year High in Overbought Zone

<p>Natural gas futures (May delivery) further brightened their long-term bullish outlook on Tuesday, stretching their impressive five-week rally to a new 13-year high of 6.825. Despite the clear positive pattern in the market, which is well endorsed by the upward-sloping simple moving averages (SMAs), some signs of weakness are already evident on the four-hour chart. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/439106-natural-gas-futures-hit-13-year-high-in-overbought-zone/">Natural Gas Futures Hit 13-Year High in Overbought Zone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *