Natural gas price formed strong correctional decline yesterday, affected by stochastic consolidation below 50 level, to notice approaching the additional support at 2.780$.

We expect to witness instability due to the contradiction between the major indicators until gathering the positive momentum again to ease the mission of renewing the bullish attempts and start targeting the positive stations at 3.000$ and 3.200$.

The expected trading range for today is between 2.800$ and 3.000$

Trend forecast: Bullish