Natural gas markets fell during the session on Thursday as the recent rally has run out of steam. This is the action that we suspected would be coming, but we haven’t got the great sell signal that we wanted yet. We are looking to sell this market closer to $3 if we are given the opportunity, and are willing to sell off of shorter time frame charts as well, when they look weak. We are not willing to buy at this point in time as the trend is still overwhelmingly to the downside.
Natural Gas Forecast January 27, 2012, Technical Analysis
Originally posted here
