By FX Empire.com
The natural gas markets exploded to the upside on Friday as traders took a positive tone into the weekend. In reality, the $3.75 has been very supportive, so a bounce in this area isn’t a complete surprise. Also, we must keep in mind that the $4 level is just above, and should be massively resistive. The market looks like it will perhaps pop a little bit more, but with the massive downtrend we feel that this will only provide another selling opportunity. We sell rallies on signs of weakness, and never buy this market.
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