Natural Gas (XNGUSD)

Natural Gas Topping Signal?

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Natural Gas closed the week with a hard rejection.

A weekly topping tail has been observed this week.

A major reversal off the $3.11 pivot should be marked as major resistance.

Keep your eye on the daily 200 MA to see if this commodity to build a base above this bullish moving average.

Resource stocks lead Nat gas on the way up, look to them for leadership or potential weakness.

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