By FXEmpire.com
The natural gas markets fell again on the Wednesday session as the trend seems to be relentless. The recent hammer on Monday still looks supportive at this point, and we need to see the market well below that mark until sell. In fact, we want to see the market bounce for us to sell. The $2.40 level above the market at the moment should be a place that the bulls struggle and this is the best trade in our opinion – fading the rally. We may or may not get the rally, but the market certainly cannot be bought at this point. Until we clear $2 though – we really prefer to sell rallies.
Natural Gas Forecast April 5, 2012, Technical Analysis
Originally posted here
