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Sept Nat Gas/ Clobbered at Resistance *PIC*

Sept Nat Gas poked its nose above the downtrendline AND price resistance and found out what what was up there. 'KABOOM" was waiting. Resistance is resistance and price must clear AND hold above these resistance levels to ever expect a rally of any signficance. Even clearing and consolidating between 2.91 and 3.15 would be bullish. Seasonal trends in all time frames show Nat Gas from mid June into the 3rd week of July to be the most bearish time of year historically. Bottom line: Price must clear and hold above 2.91 and then 3.15 to expect any fireworks on the upside. So Far no cigar...............................

Messages In This Thread

Sept Nat Gas/ Clobbered at Resistance *PIC*
Re: Sept Nat Gas/ Clobbered at Resistance
Re: Sept Nat Gas/ Clobbered at Resistance/Ceejay