Hi Lee. All is well on the Western front. Actually had a little snow on top of a local mountain I walk up most days. Enjoyed throwing a few snowballs around up there as it's been awhile. Lots of snow now and again in Vancouver from what I see on the news. Just enough to screw up traffic as most of them don't expect it and have summer tires on. Don't know why they would even leave their driveways actually. And the dumb asses that push a car back onto the snow covered road that can't stay there should be charged with contributing to a road hazard and fined heavily for their participation. Never could see the sense of pushing some idiot with summer tires back into traffic again,lol.
Well here is the Feb Nat Gas chart. The breakout over 3.80 didn't hold on the pullback to the breakout pt after it ran up to 4.08. Price did come back and rallied to a double top and pulled back and failed again to hold 3.80. Only thing positive is the bounce off that well tested uptrendline that goes back to the April lows. Nice line and had oversold technicals as well. But there is likely going to be resistance at 3.55 to 3.60 looking at the chart. Fundamentals are still very bad for upside prices on Nat Gas with oversupply still an issue until hell freezes over. I don't expect NG to set the world on fire regardless so it is just a trading vehicle at specific price points. Meanwhile resistance is nearby and the falling 20ema is below the falling 50ema which is below the falling 200ema and all the oscillators from short to medium to long are all under their center lines. Doesn't tell you much about day trading it but that's the Daily chart observations in any case.................
And all the best right back at you.