Natural gas has formed lower highs and lower lows to trend lower inside a falling channel on its 4-hour chart. Price is testing support and could be due for a pullback to the top again. The 100 SMA is below the 200 SMA, though, so the path of least resistance is to the downside. In other words, support is more likely to break than to hold. The gap between the indicators is widening to reflect strengthening selling pressure. However, RSI is already indicating oversold conditions or exhaustion among sellers. Turning back up would mean that buyers are taking over and could bring natural gas back up to nearby resistance ... (full story)