Yeah, its an unfortunate confluence now
An overhead resistance and a tweaked channel have colluded to make a an area that looks like a strong short for natural gas. The bars have changed colour and I think it could be a nice short play. I have not year decided how far this will go, please remember I have previously stated we are possibly in a bear flag. Also, don't misunderstand - I am bullish on natural gas long term, but since its breakout from its huge decline it could be time for a breather!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.