Natural Gas Forecast November 24, 2015, Technical Analysis

The natural gas markets fell significantly during the course of the session on Monday, as we continue to see sellers take control of this market. We bounced enough to form a bit of a hammer, so it does suggest that perhaps there is more than enough volatility going forward to make this a tradable market on short-term charts. We think that this bounce offers an opportunity to take advantage of a short-term move. We are sellers of resistive candles above as it should continue to be an opportunity to take advantage of a market that you cannot rally for any significant amount of time.