By FXEmpire.com
The natural gas markets rose during the week as the bounce continues. The market has been sold relentlessly, and this bounce probably has been overdue for some time. The $2.60 level could be the first sign of trouble for the bulls, but above there is a massive resistance level at $3 as well. We know that buying isn’t what we want to do, so now all we want to do is wait for a weak candle to appear in order to sell. This market could continue higher, but the supply still remains far too great for the demand. The market looks as if continuation is possible, but we still think that selling will be the way to go over time. The higher we go the more profit we make when we finally sell.
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Originally posted here
