Natural Gas Quant Analysis 14/03/19

Natural gas daily chart has formed “Falling wedge” pattern. The last few sessions ended up in sideways trend along with some corrections inside the channel. The market is expected to continue on bullish momentum based on the price action, testing all the way through 200-204 levels in the upcoming sessions. Alternatively, if the market breaks below a key support holding at 192 then it might turn bearish once again. The downside rally could test up to 188-184 level. Key resistance holds at 204.