[Natural Gas]
With all technical conditions pointing to weakness, then #NG has the potential to continue its decline toward the nearest support level.
Key Levels
1. Resistance. 2 : 3.753
2. Resistance. 1 : 3.579
3. Pivot : 3.484
4. Support. 1 : 3.310
5. Support. 2 : 3.215
Tactical Scenario
Pressure Zone: If the price breaks down below 3.310, there is potential pressure toward 3.215.
Momentum Extension Bias: If 3.215 is also broken to the downside, #NG may move toward 3.041.
Invalidation Level / Bias Revision
The downside bias is restrained if the price strengthens and breaks above 3.753.
Technical Summary
EMA(50) : 3.411
EMA(200): 3.580
RSI(14) : 25.70
Economic News Release Agenda:
Tonight there are no economic data releases from the United States.

