Natural Gas Forecast December 16, 2011, Technical Analysis

Natural gas markets fell again on Thursday after first rising. This shows just how weak the markets are and the trend are certainly still intact. The market has been overwhelmingly bearish over the last several months, and looks to continue to be so. The supply is far too great for the demand, so selling is the only thing to do. We sell rallies and a break of the lows from the Thursday session as it formed a shooting star, which of course is bearish.

Natural Gas Forecast December 16, 2011, Technical Analysis
Natural Gas Forecast December 16, 2011, Technical Analysis

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