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NG Forecast for October 29, 2026
Regarding natural gas, support is established at the 3.00 level (based on the December contract), while overhead resistance is defined by the 1/2 level leading up to the 3.10 strike.
Only a breakout above the 1/2 level will provide a solid signal for the continuation of the bullish trend. At the moment, I am remaining sidelined.
Note: The chart reflects my broker's spot data, and indicator values have been adjusted to these levels; however, for the sake of clarity, the forecast above refers specifically to the levels for the December futures contract.