Natural gas is still hovering around the neckline of its head and shoulders reversal pattern, possibly waiting for more selling pressure. If momentum picks up, the commodity could tumble by the same height as the formation. The 100 SMA just crossed below the 200 SMA to indicate that the path of least resistance is to the downside or that the selloff is likely to gain traction. Price is also trading below both moving averages, so these could hold as dynamic resistance. The chart pattern spans around $2 in size, so natural gas might be aiming for the $6.000 level from here. However, stochastic is on the move up to show ... (full story)