By FX Empire.com
The natural gas markets continue to look very weak as the demand simply cannot keep up with the supply. The past week saw a slight rise in price, but nothing to think that the trend is about to change anytime soon. The last two weeks have produced hammers, but the fact is that the trend is very bearish, and these candles will more than likely signal a bounce, not a trend change. We are looking for a pop in price in which to sell from. We are especially interested in selling if we get all the way to the $3 level.
Natural Gas Forecast for the Week of March 19, 2102, Technical Analysis
Originally posted here
