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Natural Gas Forecast May 11, 2012, Technical Analysis

posted by Avatar FXEmpire 372 days ago in Technical, Daily, Agriculture

The natural gas markets rose slightly during the Thursday session, and looks to be consolidative at the moment. The $2.50 area is one that we see the start of serious resistance, so looking for weakness in this area is our plan. The trend is very negative, and this last bounce has been simply just that – a bounce. The next 40 cents above has severa
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