Natural gas Technical Analysis for August 5, 2011

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By CommoditiesMansion.com

 

The natural gas markets fell hard on Thursday as the world's economies look likely to slow down even further. As the economies fall, the need for power decreases. This is a very bearish turn for natural gas, and as we have closed below the $4 mark, we are beginning another leg down in this market. We are selling any and all rallies at this point.

Originally posted here

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