Natural gas has been chopping around in what appears to be a channel/wedge/triangle whatever you would like to call it. I am currently flat as i believe that a push down to lower levels could come to fruition. in the form of this triangle we should push to a low of 260 and then a bounce to finish the triangle and thrust lower to around 2.00 level. my second thought is that we push to a new low around the 240 area then bounce into D wave of an ending diagonal which leaves us with a last E wave thrust down to bottom out natural gas prices and push us back to 3.35-40 area quickly.
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