NATGAS Video 20.07.20
I think at this point we are more likely to go back and forth between the $1.50 level and the two pointer zero dollars level as we try to build some type of base. After all, the market is at extreme lows and the temperatures have warmed up a bit in the United States, driving demand higher. With that in mind, I think it is only a matter of time before we try to rally towards the 200 week EMA which is colored in blue on the chart. I do not necessarily think that it is going to be easy to break out here, but right now I am simply playing the range because that is really all you can do in this kind of choppy sideways environment that we find ourselves in.
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