Natural gas is balancing on the upwards moving , for now. The question here is, will we get a break below?
Until that holds strong, we will stick to the upside. But a good confirmation of the possible upside move, could be a close above the 2.870 level. This way could start positioning ourselves for a possible move back up towards the 2.935, 2.995, or even the 3.050 areas.
On the other hand, a break below the upside , could set the stage for lower levels (please the chart for details)
Always have your SL in place.