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NorthLumberJack

Natgas appears to have started a downtrend.

Short
Natural Gas Futures (NYMEX:NG1!)  
NorthLumberJack Updated   
NYMEX:NG1!   Natural Gas Futures
Trend Analysis Chart Patterns
2
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trendanalysis chartpattern
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.

Related Ideas

NorthLumberJack
Natgas Continuation of uptrend or reversal.
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