I think NGAS will trend back down to the 2.88 region once more. Most likely peaked already, although weather being the coldest in years could be a concern, fundamentally speaking (nevertheless, this variable could be already priced in). Short entries should be safe overall, any rally is a short here in my opinion, just risk 0.25% on each attempt.
Cheers,
Ivan Labrie.
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The rally was indeed a good spot to short, retesting the downtrend mode.
Trade closed: target reached
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Probably a bottom after hitting daily target range. Could extend the fall but hard to not bounce here at least.