Natural gas recently broke through the neckline of its double bottom on the 4-hour chart. Price has since pulled back for a retest and appears to be finding buyers. With that, the commodity price could be ready to aim for the next upside targets marked by the Fibonacci extension tool. The 38.2% level is at $2.563, then the 50% extension lines up with the swing high at $2.646. Stronger bullish pressure could take natural gas up to the 61.8% Fib at $2.728 or the 76.4 % level at $2.831. The full extension is near the $3.000 major psychological resistance. The 100 SMA is still above the 200 SMA to indicate that the path ... (full story)