By FXEmpire.com
The natural gas market had a bullish day for a change on Friday, as the end of the week will have more than likely prompted a bit of profit taking. The $2 level is now above us, and there is a significant chance that it will become resistance at this point. With this in mind, we don’t expect this bounce to last very long at all. In fact, we are willing to sell at the $2 level if the market approaches it. Also, weakness should be sold no matter where it shows up. Fresh new lows would also be a sell signal as the trend lower continues.
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Originally posted here
