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Natural Gas Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 361 days ago in Technical, Daily

The natural gas markets fell for much of the session on Wednesday, but managed a bounce by the end of the day to form a hammer. Because of this, it looks as if the market is going to try and continue higher to test the $2.80 level. However, we see the entire area between $2.80 and $3 as a potentially tough resistance area, and are looking to sell i
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