The natural gas markets rose on Tuesday, only to fail in the later hours as the market approached the all-important $4 level. The resulting candle is a shooting star, which is a bearish signal in a bearish market. The sell signal would be a breaking of the lows on Tuesday, and with the heavy volume, we fell that this signal is a strong one. Buying isn’t possible under any circumstance as the supply is simply too large for the market to keep up.
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