Hi Silverbear, Trades,
For the moment it looks like the Ng price run up has been "stopped in it's tracks" at right about the 2.48 resistance line Trades has on his last chart (link included).
At least as of the moment, that's where Ng price has topped out. and Is now slowly falling off.
All thoughts appreciated. I'm not yet convinced the tide has turned, There is still room for the major players to determine that the EIA report was a bit flawed !!!????
Thanks, Lee
Link to Trades post and chart:
http://tfc-charts2.w2d.com/forum/index.cgi/page/1/md/read/id/549191/sbj/july_nat_gas_approaching_double_bottom.html