Page 5 - Technical Update News Today

The State of Washington has directed three local utilities to include the social cost of burning coal into their calculations when planning for the future.

Natural gas prices remain range bound despite breaking above a key falling trendline from August. The 4-hour chart shows that trouble may be in store for the week ahead.

Natural gas prices climbed for a second consecutive week. Upside follow-through after a Doji emerged earlier this month is in focus for the week ahead. What are key levels to watch?

Natural gas prices concluded the longest winning streak since the end of February as the 50-day SMA maintained the downside focus. A Rising Wedge breakout is in play on the 4-hour chart.

The US Dollar (DXY) had its best 2-day performance since early March, but it might be too early to call a reversal in progress. There are key levels that have yet to break, but USD/JPY looks more interesting.

Natural gas prices continue stabilizing around the February low. Meanwhile, a Bearish Rectangle is brewing on the 4-hour timeframe. Will a breakout unfold in the week ahead?

Natural gas prices continue stabilizing around the February low. A bullish engulfing on the daily chart shows early signs of a turn higher. Watch the 4-hour chart for follow-through.

Natural gas prices are stabilizing above February lows, with downside momentum fading. The breakout above a Falling Wedge has struggled to materialize, undermining its bullish implications.

In a further sign of fading downside momentum, natural gas prices reversed losses initially accumulated last week. Is the heating commodity readying for a turn higher this week?

Riverfront believes the Fed will be resolute in confronting inflation and thus believe the market’s opinion change in the path of interest rates is extreme.