Since natural gas has made new lows and continued the downtrend it is likely price actual is down or possibly sideways for the remainder of summer.
Will be watching price action structure over the next few days.
Due to current fundamentals $1.30 may be on the high side for bearish price action. It would be very possible for price to declined substantially if fundamentals deteriorate further.
@MartinX, Hi, it could go either way at this point. Potential bull flag on the daily below resistance but also looking a exhausted. Fundamentals are still mixed but the heat is helping substantially. I still favor a seasonal low in August but that is normal nothing is normal right now.