Updated

Natural Gas - One more low left?

Note

In order to think NG may have bottomed, it should go up one more to at least the red line. The box is the support area for pull back. IF so, NG could shoot up, otherwise, I am continue looking down.

Note

Well... We are here finally. I think it's a bottom but need to see a confirmation.

Trade closed: target reached

NG dropped to where I was looking
I would like to think NG has bottomed but the truth is I don't know for sure. I don't care either to pinpoint the bottom or try to catch a falling knife. No need for a fear of missing out. Waiting for a confirmation. I wouldn't be surprised if NG goes down to the trend line as well.

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