Natural gas fell through the neckline of its head and shoulders pattern to signal that a reversal from the uptrend is underway. Price could fall by the same height as the chart pattern, which spans around $2.300 to $2.600. Technical indicators are also pointing to a shift in trend, as the 100 SMA is starting to cross below the 200 SMA to signal a return in selling pressure. The commodity is also trading below both moving averages, so these could hold as dynamic resistance levels on rallies. Stochastic is already indicating oversold conditions, though, so turning higher would signal a return in bullish momentum. RSI ... (full story)