By FXEmpire.com
The natural gas markets rose during the previous week to push prices higher overall. The candle was a reasonably strong one, but much of the gains were predicated upon the Thursday announcement of a smaller than expected build in natural gas inventories in the United States. While this was a bullish sign, it is far too early to suggest that the tide has turned. In the mean time, we are still bearish overall, and would have to look for weak candles to sell at this point. However, if we manage a daily close above the $3 level, we would be willing to change our bias to the upside.
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Originally posted here
