By FXEmpire.com
The natural gas markets had another bullish session on Wednesday to continue the rally. The move has been strong as of late, and the bulls are starting to get confident. However, the end of the day saw a candle that was much like a doji, and failed at the $2.50 handle. The candle suggests to us that the bullish momentum is starting to wane. In fact, we are sellers again if we break the bottom of the Wednesday daily range. We still aren’t interested in buying, as the larger picture in this market is still massively bearish.
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Originally posted here
