{video} Natural gas fell to a new trend low on Wednesday and is fast approaching its next potential support zone. As of the day’s 3.05 low, it was down as much as 59.8% off the November 23, 2022, at the time of this writing. That decline occurred quickly, in only 41 trading days. It continues its descent below the 12-Day EMA, which was tested as resistance specifically at Tuesday’s 3.59 high before price was reversed to the downside. {chart} For the past 11 days or so natural gas has been falling within a small parallel trend channel. Tuesday’s test of the 12-Day line attempted a breakout of the channel as price ... (full story)