The natural gas market fell again on Wednesday as traders continue to press the bottom of the recent range, and attempt to break through the lows. The hammer from Tuesday is where we consider support to be, and a break below that would have us selling again. Any rallies can be sold as well, and we know that this market simply cannot be bought. The supply of natural gas continues to be far above and beyond what the demand is, so we see the downtrend continuing.
Natural Gas Forecast Dec. 8th, 2011, Technical Analysis
Originally posted here
