MCX Natural Gas Long-Term Outlook – Target 300+

According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal.

Targets: 234.6 – 263.9 – 305.6

Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits.

Significant releases or events that may affect the movement of natural gas on Wednesday, Oct 28, 2020:

• 02:00: U.S. API Weekly Crude Stock
• 20:00: U.S. Crude Oil Inventories
• 20:00: EIA Weekly Refinery Crude Runs
• 20:00: U.S. Crude Oil Imports
• 20:00: U.S. Cushing Crude Oil Inventories
• 20:00: U.S. Gasoline Production
• 20:00: U.S. Heating Oil Stockpiles
• 20:00: U.S. Gasoline Inventories

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