By FXEmpire.com
The natural gas markets rose for most of the session on Friday, only to pullback and form a shooting star at the tail end of the massive move downwards. The trend is most certainly down, and the candle for the Friday session looks very weak. Because of this, we feel that perhaps we aren’t going to get the rally we wanted to fade, and we look to sell on a break lower at this point. Of course, if the bounce does come – we are more than willing to sell at the $2.40, $2.60, or $2.80 levels on signs of weakness.
Natural Gas Forecast March 26, 2012, Technical Analysis
Originally posted here
