Natural gas markets broke down significantly during the week, slicing through the bottom of a massive triangle that had formed after consolidating in this rather high level. People were worried about an oversupply of natural gas, which could only at best be a temporary thing, but now we are looking at the situation where futures markets will start to focus on Spring, which of course will drive down demand. Beyond that, the United States has over 300,000,000,000,000 ft.³ of natural gas in the ground that they know of, so it’s hard to think that natural gas markets will rally for the long term. After this massive ... (full story)