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TFC Commodity Trading Forum

Re: April Nat Gas/ Tighter and Tighter Range

April Nat gas closed on the lower support line of the sytrical triangle today....a move much lower from here indicates to me a breakout to the downside....but the fact it closed on support after 3 straight down days suggests to me support may hold and a move to the upper boundry is in order...perhaps even a pssible breakout to the upside is possible from here as its been range bound for three weeks now....too many bears appear to be piled one side of the boat these days...Rolly