By FXEmpire.com
The natural gas markets started out the Thursday session in a very bullish tone as traders fueled a short covering rally. The $2.20 level was broken to the upside, and those who got in early certainly did well. However, as the inventory numbers came out in America, there was a much larger build than projected, and this slammed the markets.
The result was a beautiful shooting star at the $2.20 level, which of course is one of the areas that we have been talking about. It looks like we are about to get another chance to sell this market on a break of the Thursday lows. With this in mind, we are looking to do just that.
Originally posted here
