Natural Gas Run To Continue?
Natural Gas futures have had a tremedous run from the basing action ending in a final test of the recently lowest sequence number 9. From here, prices have climbed significanly. Prices overextended recenty and now there is a consolidation, if not small pullback in progress.
A sequence count down of 6 might be such an entry point. Let's watch this unfold. There could be an interesting short-term bottom next week.