For those that need their daily 'fix' of Nat Gas news price is hitting new lows and still in its clearly defined downtrend since June. Price continues to follow its downtrendline and typically runs up to its 20ema and sells off each and every time like most markets do. Nothing new there. With the recent breakdown of the last channel, price has 'stretched' quite a ways away from its 20ema and is due for a snap back. Think of price connected to the 20ema with an elastic band and when stretched too far away does snap back to the 20ema home base repeatedly. Nothing to get excited about as NG is still a bear in all respects but if short it might be better to exit and re-short on a snap back to the 20ema and the breakdown pt of the last channel around 3.47. Prices even in a bear market get oversold and snap back to these points.