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TFC Commodity Trading Forum

Re: July Nat Gas/ Approaching Double Bottom

To complete a "W" formation price would have to 1st clear the long and strong downtrendline AND then the May high AND then face 3.10 resistance. Lots of work for NG to do before any sign of a bottom is in. Needs to prove itself 1st and that hasn't happened yet. So far its a bear until it proves otherwise. Much like buying lottery tickets. You just never know..........................