Just wanted to throw up this chart tonight of the recent channel trend line break in Natural Gas. I think it’s a great example of early weakness inside the channel before the breakout lower.
Notice how the commodity couldn’t reach the upper part of the channel during it’s latest rise.
What do you think will happen next after this trend line breakout? Are we going to see prices continue lower or retrace the move back to the underside of the trend line? Add your own trading insight by commenting.
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