By FX Empire.com
Natural Gas markets rose on Monday as the supportive action continues in the $3.50 area. The area should continue to be somewhat supportive as it is a large round number, and the northeastern United States is starting to get colder temperatures. The market is in a massive downtrend though, and we like selling rallies. If we can get a pop form here, we would like to sell closer to the $3.75 or $4 areas on resistive candles. We cannot buy, no matter what as the trend is so decidedly bearish.
Natural Gas Forecast Nov. 22nd, 2011, Technical Analysis
Originally posted here
