By FXEmpire.com
The natural gas markets fell during the holiday session on Monday. The continued weakness didn’t seem to be bothered by the fact that the Americans were celebrating Memorial Day and most firms were away for the day. The fact that we have cleared the $2.60 level for the session close tells us that a break of the lows on Monday is a signal to start selling this beaten down commodity again. Buying isn’t even a possibility as the supply is far too strong for demand. The trend is most certainly still down, and we think that a retest of the lows could happen, given enough time.
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Originally posted here
