Natural Gas update January 9, 2015

Natural gas price going through some consolidation around $3 lately. A breakout above 3,20 or a breakdown below 2,80 will show the way. Given the commodity’s volatility, this price range may break in a few days. My best guess is that the long term downtrend will prevail, but we have to wait.

Natural Gas chart, daily candlechart:

Natural Gas(Daily)20150109141723

Chart courtesy of investing.com. http://investing.com

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