Natgas futures has gone from the monthly R1 pivot to monthly s2 pivot. Today it bounced off of the monthly s2 pivot(green line marked S2). Pivots show traders where to look for support and resistance.click on the chart for a larger view
Monday, August 24, 2009
Natgas likes monthly pivs
Natgas futures has gone from the monthly R1 pivot to monthly s2 pivot. Today it bounced off of the monthly s2 pivot(green line marked S2). Pivots show traders where to look for support and resistance.
