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Could resistance stop the natural gas rally?
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ticker lesson
Breakdown
0:00Natural gas· ticker
Natural gas — up 3.1% week, resistance above
- Natural gas up 3.1% week
- Bias still up
- Resistance above
- Falling 200-day MA
- Weekly 150/200 knifing down
0:01FCG· ticker
FCG ETF — down 4.4% week, negative divergence
- FCG ETF down 4.4% week
- Negative divergence
- More likely to continue down
- 2-hour chart bear pennant forming
0:02lesson
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