By FXEmpire.com
The natural gas markets had another bearish session on Tuesday as the three dollar level continues to be very resistive. The recent action has been fairly bearish, and we are willing to sell just below current levels in order to try to join the market as it grinds lower to the bottom of the recent consolidation. This has us thinking that the $2.20 level is where the market once the go, and on a break of the $2.70 level, we are willing to start selling again. As for buying, we just simply won’t until the $3.10 level gets broken to the upside on a daily close.
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Originally posted here
