EvanJones
Short

Warmer Weather to deprive Natural Gas its recent run!

FX:NGAS   Natural Gas (Henry Hub)
108 1 3
With the warmer months upon us and a clear down trend channel, NGAS looks set to head for lower lows both due to multiple respected touches to upper trend line and with RSI divergence shown. A couple of missed monthly/weekly pivots now sit below price and I expect new lows to be made.

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2014 November- December was one of the coldest winters in the USA.
Watch it what happened to the price: 50% loss.
So the warm weather and seasonality has nothing to do with the price of NatGas.
The trendline might work but not because of the warm weather.
I think we will break your trendline soon.
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