{"id":17297,"date":"2021-11-16T13:25:13","date_gmt":"2021-11-16T21:25:13","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17297"},"modified":"2021-11-16T13:25:13","modified_gmt":"2021-11-16T21:25:13","slug":"natural-gas-futures-review-and-chart-support-and-resistance-levels-11-17-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/natural-gas-futures-review-and-chart-support-and-resistance-levels-11-17-2021\/","title":{"rendered":"Natural Gas Futures Review and Chart &#038; Support and Resistance Levels 11.17.2021"},"content":{"rendered":"<p>Dear Futures Trader,<\/p>\n<div style=\"text-align: center;\">\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<div style=\"text-align: center;\">Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div style=\"text-align: center;\"><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<div><\/div>\n<div style=\"text-align: center;\">\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/Natural-Gas-Futures\">The natural gas market<\/a> has seen volatility increase sharply over the past 8 weeks. Once it broke above 4.65 in early September, the market ventured into new territory with heightened volatility.<\/div>\n<div>Supply crunch across the globe along with the <a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/seasonality-futures-trading-2-21-2018\/\">seasonality of entering winter<\/a> contributed to the rally and the pull back.<\/div>\n<div><\/div>\n<div>Notice how the front, Dec. contract bounced sharply off the major support\/demand area at 4.70 and is now trading against the major supply area ( red line \/ moving average) at 5.44.<\/div>\n<div><\/div>\n<div>This market can go either way and do it relatively fast. Weather, supply chain news will determine next move.<\/div>\n<div>A close above 5.44 can trigger retest of $6. Failure at the same level can send market towards the 4.65.<\/div>\n<\/div>\n<div style=\"text-align: center;\">\n<div align=\"center\">\n<div>\n<div align=\"justify\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: center;\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">If you are looking for other reference material please\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">contact your Cannon Broker<\/a>\u00a0for lists of solid, informative and helpful trading tomes<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/Natural-Gas-Futures\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/barchart-news-media-prod.aws.barchart.com\/IF\/ae45b0d5e8c171dbfdd200ddaf45a34d\/lgyb8ksv1icnkp06.png\" alt=\"Futures Natural Gas Daily Chart\" width=\"1088\" height=\"864\" title=\"\"><\/a><\/div>\n<h3 style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><strong>Good Trading<\/strong><\/h3>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\">Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>11-17-2021<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/a2db594c-8a16-4e87-ba6f-b5ff14098c92.png\" alt=\"Support and Resistance Levels 11.17.2021\" width=\"691\" height=\"633\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<h3><a href=\"http:\/\/www.forexfactory.com\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/bettertrader.co\/\" target=\"_blank\" rel=\"noopener\">https:\/\/bettertrader.co\/\u00a0<\/a><\/p>\n<div class=\"pagearrange__layout-row full\" data-row=\"1\">\n<div class=\"pagearrange__layout-column pagearrange__layout-column--full full\" data-column=\"0\">\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\">\n<div class=\"flexShell\">\n<div id=\"flexBox_flex_calendar_mainCalCopy1\" class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/485b1e5e-e821-4e29-adeb-2c3c29bb1b0a.png\" alt=\"Better Trader Economic Reports 11.17.2021\" width=\"600\" height=\"616\" title=\"\"><\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Futures Trader, Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ The natural gas market has seen volatility increase sharply over the past 8 weeks. Once it broke above 4.65 in early September, the market ventured into new territory with heightened volatility. Supply crunch across the globe along with the seasonality of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1439,67,358],"tags":[1027,1238,1256,1257,468,467,1106,1064,1299,1280,1173],"class_list":["post-17297","post","type-post","status-publish","format-standard","hentry","category-natural-gas","category-future-trading-news","category-futures-trading-education","tag-daily-chart-of-natural-gas","tag-natural-gas","tag-natural-gas-daily-chart","tag-natural-gas-market","tag-natural-gas-storage","tag-natural-gas-storage-reports","tag-seasonal-tendencies","tag-seasonal-trade-idea","tag-seasonality-in-futures-trading","tag-seasonals-in-futures-trading","tag-unleaded-gasoline-chart"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=17297"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17297\/revisions"}],"predecessor-version":[{"id":17298,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17297\/revisions\/17298"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}