Natural gas markets continue look bearish today, although it should be noted that the daily bar is forming a bit of a hammer at the all-important $4 level. In order to get bullish on this market again, we will have to see $4 hold as support. A break below this area would be devastating to the price of natural gas. If the area holds, we could see a $0.25-$0.50 bounce as we retest the latest bull move.
Originally posted here
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