Commodities Analysis and Opinion
Natural Gas Trying To Stop The Falling Knife
2022.10.13 17:30
is clearly weak. A double top was made at $10. The total capitulation would be in the $5 area but we are not there. Trying to call a bottom here is like catching a falling knife.
However, the double support, one horizontal from last year and one ascending from this year may help this market rebound.
Nat Gas Chart
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