Natural gas: More correction ahead?
This is a f/u from my February post (link below). At that time price dropped to just above target I had at that time. There has been a decent rally since. The form of the recent rise looks corrective to me. And now there is a negative reversal followed by a bearish divergence in the daily RSI. Natural gas has been down now for 2 days to the up-trend line. If trend line is broken I would not be surprised to see another drop into the target box. Take care. Have a good week.
