By FXEmpire.com
The natural gas markets fell again during the previous week, after attempting to bounce. However, the market is simply far too weak to seriously consider going long, and we simply sell on any bounce at this point. As the market rises as it will form time to time, we sell the first sign of weakness, and will often use shorter time frames in order to “fine tune” our entries to sell this commodity. The demand is nowhere near strong enough to get rid of the massive overhang in supply when it comes to natural gas, so buying isn’t a possibility.
Natural Gas Forecast for the Week of April 9, 2012, Technical Analysis
Originally posted here
