Natural gas price ended its bullish correctional rally by testing the neckline of the head and shoulders that is represented by $3.050 level, taking advantage of providing negative momentum by stochastic, reaching towards $2.950 level.
The main stability below the main resistance to $3.180 represents a main factor to confirm the bearish scenario, keeping our bearish expectation that might target $2.810 level reaching the barrier at $2.620.
The expected trading range for today is between $2.810 and $3.100
Trend forecast: Bearish