Natural Gas: Trade after the Triangle breaks.

The price has been trading within a 1D Triangle (STOCH = 54.147, CCI = -6.0758, Highs/Lows = 0.0000, Ultimate Oscillator = 50.527) since the mid November peak. This has now created the perfect break out set up to trade. Whichever level breaks first (4.807 Resistance or 3.993 Support) will indicate the long term direction (long/ short respectively). Based on how overbought 1W (RSI = 80.847, STOCHRSI = 87.883, Williams = -19.660) and 1M (RSI = 71.400, STOCHRSI = 91.703, CCI = 299.9205) the downside has more potential.



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