I am no bear, re: natgas.

However, unless we break out, meaningully to the upside, that pattern will turn most decisively bearish.

In other words, it looks friendly, as I type. However, without a significant (that means like "a lot") of zoom-zoom, it's back for a relatively decent break, building more strength for what, inevitably, comes with low prices.

Things don't like to stay low (or that awfully high for that matter) for long.

So, in summation ... fade me, as I am the BEST fade in the bidnets.

Although, since I ain't shortin' the sucker, buyin' ain't really fading me.

One needs to remember that there is a "posting bull" on natgas, that has been a "posting bull", nearing two years.

Moreover, that "posting bull" is the same entity that called for a new bull market, in rates (meaning a major ... and by the way he posted MAJOR BEAR in bonds).

I do believe that was 2001/02 time-frame when the long bonds were trading just slightly over par.

In addition, that same "posting bull" was, at that time, calling for fifty year lows in agri-commodities, with special emphasis on cattle. At the time, fats were trading in the mid-sixties. Shortly thereafter, they staged their FIRST run, over a hunnert dollah a hunnert weight.

And, where are we now? Yup, over a hunnert.

So, as he's an awfully darned good fade ...

You be the judge.