natural gas<\/a> markets gapped lower to kick off the trading session on Thursday, turned around to fill that gap and then proceeded to plunge again. We are currently trading right around the $4 level, which of course has a lot of psychology attached to it and could kick off further selling. Quite frankly, with the interest rate situation taking most of the headlines, a lot of people aren\u2019t really paying attention to this market, which it does make a certain amount of sense that natural gas would struggle as temperatures are starting to warm up in the United States. So, as I have been saying for a while, I\u2019m waiting for that cyclical trade to start shorting natural gas, and we\u2019re just about there.<\/p>\nSo, if we can close below the $4 level, I\u2019m going to go ahead and give it another attempt. And remember, I told you previously that quite often what will happen is this time of year, I\u2019ll get stopped out a couple of times and then I\u2019ll have a massive like $2 move. So, with that being the case, I\u2019m getting close, probably\u00a0 will at the end of the session if we are below $4. If we turn back around and rally, that\u2019s even better. I\u2019d love to short this somewhere around $4.40, but I don\u2019t know if we get that kind of opportunity.<\/p>\n<\/div>\n
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[ad_1] Natural Gas Technical Analysis The natural gas markets gapped lower to kick off the trading session on Thursday, turned around to fill that gap and then proceeded to plunge again. We are currently trading right around the $4 level, which of course has a lot of psychology attached to it and could kick off further selling. Quite frankly, with the interest rate situation taking most of the headlines, a lot of people aren\u2019t really paying attention to this market, which it does make a certain amount of sense that natural gas would struggle as temperatures are starting to warm up in the United States. So, as I have been saying for a while, I\u2019m waiting for that cyclical trade to start shorting natural gas, and we\u2019re just about there. So, if we can close below the $4 level, I\u2019m going to go ahead and give it another attempt. And remember, I told you previously that quite often what will happen is this time of year, I\u2019ll get stopped out a couple of times and then I\u2019ll have a massive like $2 move. So, with that being the case, I\u2019m getting close, probably\u00a0 will at the end of the session if we are below $4. If we turn back around and rally, that\u2019s even better. I\u2019d love to short this somewhere around $4.40, but I don\u2019t know if we get that kind of opportunity. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":38632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-38631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t