Could be time to fade this Natgas breakout Short

Henry Hub Natural Gas FuturesNYMEX

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⋅ Sep 11, 2019 7:03 AM

Classic breakout from falling wedge is now hitting 2.6 area which was the key breakdown level on the last long move down. No real fundamentals for anything higher yet either. I favour this getting taken back to the breakout from the wedge.