NorthLumberJack
Short

Natgas appears to have started a downtrend.

NYMEX:NG1!   Natural Gas Futures
Looking at weekly and daily candles while also understanding the fundamental reasons for NGs recent run-up it appears NG is set for a downtrend. Looking to short from here until clear signal of support being met.
Comment: Still short, channled turned into wedge, looks like natty getting reject from here.
Comment: Downtrend invalidated, hedged long yesterady at market close, possible triangle forming.
Nothing is wrong with your TA. It supposed to be bearish yet weather, inventory and demand play an important role to bring NG higher.
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