{video} We can start our analysis of natural gas by observing the 34-Day exponential moving average (EMA) since price bottomed in February at 1.97. At the low the difference between the price of natural gas and the 34-Day line was at a maximum. Price eventually swung back in the other direction, which was up, before touching the line in early-March for the first time since moving below it in mid-December. Natural gas was strong enough at that point to close above it for one day before selling took hold again and pushed prices back down. {chart} In April, a test of the 34-Day line as resistance continued. There were ... (full story)