gas commentary, page-5

hi waterfrontage.
thanks for the heads up. here is a natural-gas chart i have been looking at for some time now but have not posted because i have not seen a bottom forming. that was untill now.
looks as if the long term down trend has ended and natural-gas is forming a bottom.
i have placed short term support and resistace lines. if the resistance line of $4.50 is broken then the next resistance is at around $6.10. i have also put in the 38.2% fib resistance line $7.40.
this chart looks like the oil chart did some months ago.
i hold wpl and sto at present so a trend up in gas should be good for the SP.
any input would be great.
just my 2c worth DYOR.

have a good one.

582