By FXEmpire.com
The natural gas markets fell again on Monday, and more importantly broke below the bottom of the lows from the Friday session. The breaking below of the hammer is a bearish sign in a market that is already very weak in general. We feel that selling this market is still the only way to go, and quite frankly wouldn’t even worry too much about the entry at this point. This market looks destined to test the $2 level and probably below for that matter. There are analysts out there calling for $1 natural gas. At this rate – this is very possible.
Click here for further Natural Gas Forecast.
Originally posted here