TTF NATGAS TECHS: (V6) Support At The 50-Day EMA Exposed
* RES 4: 90.00 - Round number resistance * RES 3: 87.86 - 3.500 proj of the Apr 17 - May 20 - Jun 18 swing * RES 2: 86.26 - 3.382 proj of the Apr 17 - May 20 - Jun 18 swing * RES 1: 84.50 - High Sep 14 and the bull trigger * PRICE: 73.22 @ 13:38 BST Sep 23 * SUP 1: 68.65/66.86 - Loew Sep 22 / 50-day EMA * SUP 2: 51.81 - Low Aug 5 * SUP 3: 49.30 - Low Jul `3 * SUP 4: 44.24 - Low Jul 6 The trend needle in TTF Gas futures continues to point north and for now, the latest pullback is considered corrective. However, this week's move down has resulted in a break of the 20-day EMA, at 74.13. The deeper retracement has exposed support at the 50-day EMA, at 66.86 A clear break of the 50-day average is required to signal a stronger reversal. Key resistance and the bull trigger has been defined at 84.50, the Sep 14 high.