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NaturalGas short term down trend
NaturalGas needs to break the support line with a larger red candle to prove its bearish trend.
In this case, the support will turn to resistance. But, if it's failed, we'll have a bullish trend up to 5.3, 5.6, 6.0.
The first two (dashed-orange lines) play as pull-back to down-trend lines, and the latter (goldie) is resistance.
Since the weather became warmer on the east thanks to the mid-west, the demand will decrease until mid-Nov. (this week)
In this case, the support will turn to resistance. But, if it's failed, we'll have a bullish trend up to 5.3, 5.6, 6.0.
The first two (dashed-orange lines) play as pull-back to down-trend lines, and the latter (goldie) is resistance.
Since the weather became warmer on the east thanks to the mid-west, the demand will decrease until mid-Nov. (this week)
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