Natural gas has formed higher lows connected by a rising trend line that’s been holding since the start of the month. Price is in correction mode and might be in for a test of this support. Buyers already seem to be defending the 50% Fib level at the $2.100 major psychological mark and could take the commodity price back up to the swing high at $2.193 or higher. After all, the 100 SMA is above the 200 SMA to confirm that the path of least resistance is to the upside or that support is more likely to hold than to break. The 100 SMA dynamic inflection point also lines up with the trend line support to add to its ... (full story)