NatGas bearish forecast

by Ron | Jan 12, 2016 | Free Stuff | 1 comment

The continuing weakness is consistent with the revised scenario for a top in place but I can not attach a high confidence count for the decline. I think there is a strong chance that prices will simply sag right into support which is anywhere from 2.27-2.24. If this is the nasty bull trap I have pictured 2.38+/- really should be the max upside. Above there we have the 76% near 2.44.

1 Comment

Jermajesty on July 12, 2016 at 01:37

Last one to utzliie this is a rotten egg!
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