Natural gas markets fell during the session on Thursday as the recent rally has run out of steam. This is the action that we suspected would be coming, but we haven't got the great sell signal that we wanted yet. We are looking to sell this market closer to $3 if we are given the opportunity, and are willing to sell off of shorter time frame charts as well, when they look weak. We are not willing to buy at this point in time as the trend is still overwhelmingly to the downside.

Natural

Natural Gas Forecast January 27, 2012, Technical Analysis

Natural Gas Pivot Points (Time Frame: 1 Day)

 Name  S3  S2  S1  Pivot  R1  R2  R3

 Classic
2.2517
2.4128
2.5317
2.6928
2.8117
2.9728
3.0917

 Fibonacci
2.4128
2.5198
2.5859
2.6928
2.7998
2.8659
2.9728

 Camarilla
2.5735
2.5992
2.6248
2.6928
2.6762
2.7018
2.7275

 Woodie's
-
2.4022
2.5105
2.6822
2.7905
2.9622
-

 DeMark's
-
-
2.7523
2.6631
2.4722
-
-