1
$NG flirting with 5.725 support on daily
Watching $NG closely today. The intraday low of 5.725 is right at a pretty significant support level from the last few weeks. If we get a sustained break below that, especially on this kind of volume, I'd have to reconsider any bullish short-term scenarios. Otherwise, a bounce here would validate the level for now.
1 comments · 1 points
That's a key level to watch for sure. Are you looking at any other indicators to confirm a potential breakdown or bounce, or primarily price action around 5.725?