Natural gas continues to climb, moving above a much steeper trend line on its 1-hour time frame. Price is pulling back to this near-term support area which seems to be holding as a floor again. A bounce could take it back to the latest highs just past the $5.600 level or higher. A break below the current levels, on the other hand, could mark the start of a reversal or a major retracement. The 100 SMA is above the 200 SMA to indicate that the path of least resistance is to the upside or that the uptrend is more likely to carry on than to reverse. The gap between the indicators is also widening to reflect strengthening ... (full story)